TechFlow news, September 12 — According to Jinshi Data, Monex Europe analysts said in a report that even if the dollar stabilizes before the weekend and Friday's economic data is light, the dollar could continue to weaken.
They stated that the Federal Reserve appears set to cut interest rates again on September 17 and begin a steady monetary easing cycle. This, they said, should keep the dollar on the defensive over the coming months. Data released Thursday showed initial jobless claims rose more than expected last week, while August inflation data came in weaker than anticipated, with limited tariff pass-through effects and no signs of broadening price pressures, prompting markets to increase bets on rate cuts.
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