CoinWorld reported that Lombard Odier strategists expect the US dollar to weaken further and have adjusted their outlook from neutral to negative. Although US inflation has risen slightly, there is no significant activity in corporate hiring and layoffs, and market consensus is gradually approaching expectations of three interest rate cuts by the Federal Reserve this year. Strategists indicate that lower US interest rates will diminish the yield advantage of the dollar, and decreasing hedging costs are also weakening demand for the dollar.