The US dollar may not weaken in a linear manner, and the possibility of the Federal Reserve cutting interest rates for the first time in March is unlikely
According to Jin10's report, the rebound in US Treasury yields boosted the US dollar index, which continues to hold above the weekly support level. Analysts believe that the US dollar is still in a weak market but may struggle to break out of its linear weakening trend. At the same time, analysts also believe that it is unlikely for the Federal Reserve to cut interest rates in March.
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