ING: If US inflation is lower than expected, the US dollar could fall slightly

On February 12, Jinshi data, Dutch international analyst Chris Turner stated in a report that if the inflation data to be released by the United States later is lower than expected, the dollar may further fall slightly. He stated that the annual Benchmark revision for inflation increased the risk of a rise of 0.2% in January data compared to the expected 0.3%. This may give the Fed more confidence in the anti-inflation process and prompt the market to digest more interest rate cuts in 2025. Given that the decline in the Interest Rate Volatility in the United States brings some stability to the financial markets, the dollar index DXY may fall from the current 107.883 to 107.300. However, any new tariffs announced by Trump will easily thwart any idea of a pullback in the dollar.