German Bank: With interest rate cut expectations and pressure from Trump, the dollar's rebound may be limited.

According to Mars Finance, Michael Pfister from Deutsche Bank's research department stated that the dollar may rise in the short term, but the increase could be limited. The recent weakness of the dollar may be somewhat overstated, allowing for a slight rebound. However, the prospect of Fed rate cuts should suppress any rebound of the dollar. Additionally, Trump's call for rate cuts and criticism of the Fed's independence will also hinder recovery. Deutsche Bank expects the Fed to cut rates in September. Therefore, he believes the current recovery phase of the dollar is unlikely to last long. (Jin10)