ChainCatcher news, according to Jinshi report, Lombard Odier strategist expects the US dollar to weaken further, and has downgraded the view from neutral to negative. Despite a slight increase in US inflation, both corporate hiring and layoffs are not significant, and market consensus is gradually approaching expectations of three interest rate cuts by the Federal Reserve this year. The strategist said that lower US interest rates will weaken the yield advantage of the US dollar, and the cost of hedging is also weakening demand for the US dollar.
