ING: The rise of the US dollar may be difficult to sustain, and inflation data needs to be followed.

According to Mars Finance, as reported by Jin10, analyst Francesco Pesole from the Dutch International Bank stated that the ability of the dollar to continue this week's rise seems limited. Although the easing of concerns over bad loans in U.S. regional banks has boosted the dollar, he pointed out that unless the market finds a reason to rule out one of the three interest rate cuts by the Fed before March next year, it will be harder to find reasons for further dollar appreciation. Pesole believes that the most realistic driver for the repricing of interest rate expectations this week will be the higher-than-expected U.S. inflation data on Friday, but this is unlikely to happen.