Analyst: The dollar is expected to achieve a third consecutive week of gains

According to Jinshi News, the dollar is expected to achieve its third consecutive week of gains on Friday. Previously, the economic data released by the United States performed well, reducing market expectations for a rate cut by the Federal Reserve in the short term. The federal funds futures market has pushed back the expected timing of the next rate cut to June, due to improvements in employment data, while central bank policymakers have expressed concerns about inflation issues.

Capital Economics analyst Kyle Rodda noted in a report that the dollar's performance has been relatively strong, with weekly initial claims data and manufacturing survey results both exceeding expectations, thereby lowering the probability of a rate cut.