Danske: The dollar is expected to rebound, and the Federal Reserve may abandon the rate cut in December

According to Jin Shi reports, the dollar exchange rate fell on Thursday as traders remained cautious about the possibility of weak data following the reopening of the U.S. government. The House of Representatives passed a temporary funding bill to end the government shutdown, and Trump signed it into law, allowing official data to be released again. Kristoffer Kjaer, head of foreign exchange and interest rate strategy at Danske Bank, pointed out that before the Federal Reserve's interest rate decision in December, there could be up to three employment reports and two inflation data releases, and the dollar is expected to rebound, prompting the Fed to abandon the idea of a rate cut in December.