U.S. economic data is expected to boost the dollar briefly, while Waller's speech will influence its trend
ChainCatcher news, according to Jinse Finance, ING analyst Chris Turner expects that the initial estimate of the US Q2 GDP may be slightly revised upward, and data such as initial jobless claims will also be released. Although the upcoming economic data may boost the US dollar, he believes that the appreciation of the dollar will be short-lived. After the data is released, Federal Reserve Governor Waller will deliver a speech, which may affect the dollar's upward trend.
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