Experts foresee rising pressure on the US dollar

Experts believe that pressures on the US dollar will increase due to declining economic data and uncertainty surrounding Federal Reserve policies, despite its recent rise. The dollar index has increased by 1.15% since the start of the year, reaching a 52-week high of 101.80 points in June, and continues to fluctuate between 95 and 100 points. The expected weakness of the dollar is attributed to a slowdown in the correlation between US Treasury yields and its strength, especially as expectations for interest rate hikes diminish due to weaker economic data, along with uncertainty about the Federal Reserve's stance on inflation and pricing policies.

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