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2025-07-31 20:07:34
[The US dollar is expected to achieve its first monthly gain since 2025] The US dollar is expected to achieve its first monthly gain since 2025 in July. This is due to the Federal Reserve's tough stance and the strong performance of the US economy. On Wednesday, Federal Reserve Chairman Powell said that he was in no hurry to cut interest rates and did not disclose when interest rates might be cut again. At the same time, after a series of trade agreements were reached, the uncertainty caused by US President Trump's chaotic tariff policy has also eased, and investors' confidence in the resilience of the US economy has increased. The euro is one of the biggest victims of the dollar's rise this month, as investors have withdrawn their previous bets based on the assumption that "the European market may provide more opportunities." The euro is expected to fall nearly 3% this month.
