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argued the dollar’s scope to fall is limited in the near term, with easing already priced in and positioning skewed toward further weaknessearlier in the year, non-U.S. asset managers sought protection against dollar downside, adding to pressure on the currency. But if much of that adjustment has already been made, one of the key headwinds should fadeexpects any further dollar decline to be gradual, with rebounds likely in the coming monthsMizuho:
rate-cut expectations are already embedded in dollar pricingsuggesting upcoming U.S. data and the Fed’s September decision may “temper not tear down” the greenbackit would take more than a soft nonfarm payrolls print to significantly dent the currencyU.S. trade policies continue to channel trade and capital flows toward the U.S., helping offset “Sell America” pressures. This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about dollar unlikely to collapse say strategists with fed cuts priced in and flows supportive was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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