QCP Capital: If global economic growth remains resilient, the US dollar will likely weaken from now on


 QCP Capital stated in its official channel that as September begins, the market focus has shifted from the rate cut magnitude to the independence of the Federal Reserve. The rise in term premiums and the lowering of the threshold for the downward cycle of the US dollar indicate a steepening yield curve, a weaker US dollar, and provide support for gold and bitcoin as hedging tools.