According to Odaily Planet Daily, ING Bank analyst Francesco Pesole predicts that the US dollar could strengthen further if Federal Reserve Chairman Powell maintains a cautious stance on rate cuts in his speech later this week. Pesole noted that due to the delay in the release of official employment data due to the US government shutdown, Powell is likely to maintain his previous cautious tone. "During the data gap, this impact is likely to continue to play out in the market, and the US dollar faces some upside risks." However, he added that once the data is released, if it shows a deterioration in employment conditions, the dollar could weaken and reach a new low by the end of the year. (Jinshi)