Agency: The US dollar may continue to be under pressure before the suspension period of reciprocal tariffs ends

Odaily News The dollar fell to multi-year lows against the euro and Swiss franc as concerns about the future independence of the Federal Reserve shook confidence in the soundness of U.S. monetary policy. Nick Rees, head of macroeconomic research at Monex Europe, said that from a market perspective, this will not only obviously undermine the credibility and independence of the Federal Reserve, but also pose risks to the outlook for U.S. interest rates. These concerns put pressure on the dollar today. Before the expiration of the "reciprocal tariff" suspension period on July 9, the pressure on the dollar from the Trump team's remarks may intensify. (Jinshi Data APP)