Deutsche Bank said that due to the challenges facing the Federal Reserve, the upside for the US dollar is limited. Given that Fed Chairman Powell may struggle to find a direction between appropriate monetary policy and political demands, the US dollar's situation will continue to be "difficult and volatile." President Trump has repeatedly called for rate cuts, criticizing Powell's cautious stance on loose policy. On Monday, he fired Fed director Lisa Cook, sparking new concerns about the Fed's independence. This, along with other structural factors such as the deterioration of the US fiscal situation, means that the US dollar is unlikely to regain its previous strength.
Commerzbank: Dollar's recovery limited given challenges facing the Fed
2025-08-26 16:40:18 Primitive Reading
Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.