ING: The risk balance for the dollar leans towards further fall.

GoldenOctober2024

2025-06-27 11:31:04

Jin10 data reports on June 27, analysts from ING Group, Francesco Pesole, pointed out in a report that the risk balance indicates the US dollar may continue its fall. He stated that the upcoming release of the US core personal consumption expenditure price index, speeches from Federal Reserve officials, and developments in US tariffs may trigger a new round of decline in the dollar. Pesole said: “Any reading below a month-on-month level of 0.1% will hit the dollar hard.” The market is closely following the interest rate cut signals released in the subsequent speeches of Federal Reserve officials Kashkari, Williams, and Harker.

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