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- #Gate Ranks Top 4 Exchange#
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
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- 🎁 Gate Alpha Airdrop Alert!
To celebrate the listing of $EGL1 on Gate Alpha @GateioAlpha
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Analysts: Longing data is needed to confirm the dollar's downward trend
Christopher Wong, forex strategist at OCBC Bank in Singapore, said, "The U.S. exceptionalist narrative continues to show signs of softening, which gives the market an excellent excuse to increase Fed rate cut expectations and sell dollars." However, analysts warn that the latest US inflation data only provides a microcosm of global price trends, and further data is needed to confirm the dollar's downward trend. Stephen Innes, managing partner at SPI Asset Management, said, "We may need some help from a downturn in the U.S. labor market." ”