According to Jinshi data reports, the Ballinger Group indicates that the uncertainty of tariffs may lead to further declines in the US dollar. The dollar has fallen to a three-year low against a basket of currencies and to a three-and-a-half-year low against the euro.
Later on Wednesday evening in the eighth time zone, Trump stated that the United States will send letters to various countries in two weeks, detailing their tariff rates. The tariff drama will continue, and if the US economy really starts to be affected, there is still considerable downward space for the dollar.
The prospect of the Federal Reserve intensifying interest rate cuts may drive the euro to rise against the dollar to 1.20.