10:16
QCP Capital: If global economic rise remains resilient, the US dollar is likely to weaken from here.
BlockBeats news, on September 3rd, QCP Capital stated in an official channel that as we enter September, the market focus has shifted from the extent of interest rate cuts to the independence of the Fed. The rise in term premium and the lowering threshold of the dollar's down cycle indicate a steepening yield curve and a weakening dollar, while also providing support for gold and Bitcoin as hedging tools. The Jackson Hole meeting is expected to cool the risk-oriented labor market, making interest rate cuts in September still a possibility. Two interest rate cuts within the year seem reasonable; currently, investors need to follow the balance between inflation rates and tariff-driven inflation expectations. If global economic growth remains resilient, the dollar is likely to weaken from here.
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