10th data March 3, Canada Royal Bank analyst Elsa Lignos said in a report that due to increasing concerns about the slowdown in the US economy, the dollar may continue to be under pressure in the short term. She said that in the coming weeks, as US economic data slows, the market is likely to be dominated by the continued fading of the US exceptionalism. She said US economic data has quickly turned from stronger than expected to weaker than expected. However, with Trump's retaliatory tariff policies hitting other economies, the dollar may recover in the second quarter. Royal Bank of Canada expects the euro to rise to 1.11 in the first quarter and then fall to 1.05 in the second quarter.
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Gate Bank: The market is gradually fading American exceptionalism, the dollar may further decline.
10th data March 3, Canada Royal Bank analyst Elsa Lignos said in a report that due to increasing concerns about the slowdown in the US economy, the dollar may continue to be under pressure in the short term. She said that in the coming weeks, as US economic data slows, the market is likely to be dominated by the continued fading of the US exceptionalism. She said US economic data has quickly turned from stronger than expected to weaker than expected. However, with Trump's retaliatory tariff policies hitting other economies, the dollar may recover in the second quarter. Royal Bank of Canada expects the euro to rise to 1.11 in the first quarter and then fall to 1.05 in the second quarter.