Dutch ING: Prospects of rising US interest rates may support the dollar

Odaily Planet Daily News: Chris Turner of ING Group stated in a report that the increasing outlook for Federal Reserve interest rate hikes should provide support for the U.S. dollar. Even if concrete progress is reported in the US-Iran peace talks, the dollar should have limited room for decline. He pointed out that Federal Reserve Governor Christopher Waller warned in a recent speech that if oil prices remain high, the possibility of a rate hike cannot be ruled out. Meanwhile, due to economic fragility, investors have lowered their expectations for rate hikes in the Eurozone and the UK. (Jin Shi)