Analysts: The dollar may have weakened too much

Odaily News Swissquote analyst Ipek Ozkardeskaya said the dollar fell as investors expected Fed Chairman Jerome Powell to clearly signal an upcoming rate cut at the Jackson Hole symposium on Friday, but the weakness seemed overdone. She said the U.S. economy is performing better than most other countries, and that alone gives the Fed no reason to cut rates more aggressively than other central banks in the coming months. (Jinshi)