Odaily Planet Daily News Monex Europe analysts said in a report that even if the US dollar stabilizes before the weekend and there is light economic data on Friday, the US dollar may continue to weaken.

They said the Federal Reserve appears poised to cut interest rates again on September 17th and begin a steady cycle of policy easing. This should keep the dollar on the defensive for the coming months, they said. Data released Thursday showed a larger-than-expected increase in initial jobless claims last week, while August inflation data came in weaker than expected, with only limited tariff pass-through and no signs of escalating price pressures, which has increased market bets on a rate cut. (Jinshi)