Viewpoint: The market is concerned about the prospect of the Federal Reserve cutting interest rates, and this week's non farm payroll data may provide support for the US dollar index

Odaily Planet Daily News: Due to concerns about the prospect of interest rate cuts, the US dollar index DXY fell to a three-year low again on Monday. However, Francesco Pesole from Dutch International Group stated that the upcoming release of US economic data may limit the decline of the US dollar, as these data may prompt investors to reduce their bets on interest rate cuts. He said that Thursday's non farm payroll report may indicate a gradual slowdown in employment growth, but it is not enough to trigger a significant bet on a rate cut in July. Inflation may also rise in the coming months. There should be some short-term support for the US dollar. "(Jin Shi)