Crédit Agricole said that although the US interest rate market has adjusted the Fed's interest rate cut forecast for this year to about 50 basis points, the US dollar still has the potential to recover. The current market pricing is in line with our views, indicating that some positive factors relating to the Federal Reserve have been reflected in the value of the dollar. If we want to see the dollar rise further, we need more surprises in US economic data, or a rise in global risk aversion. This highlights the dollar's sensitivity to domestic economic indicators and global market conditions. The current situation in the Middle East is critical because it affects global financial conditions and risk sentiment. Furthermore, the upcoming US presidential election has added another layer of uncertainty, which may affect market behavior. Looking at this week, people will focus on US retail sales data for September and upcoming comments from Federal Reserve officials. These factors are expected to play an important role in shaping market sentiment and the trend of the US dollar.

Crédit Agricole said that although the US interest rate market has adjusted the Fed's interest rate cut forecast for this year to about 50 basis points, the US dollar still has the potential to recover. The current market pricing is in line with our views, indicating that some positive factors relating to the Federal Reserve have been reflected in the value of the dollar. If we want to see the dollar rise further, we need more surprises in US economic data, or a rise in global risk aversion. This highlights the dollar's sensitivity to domestic economic indicators and global market conditions. The current situation in the Middle East is critical because it affects global financial conditions and risk sentiment. Furthermore, the upcoming US presidential election has added another layer of uncertainty, which may affect market behavior. Looking at this week, people will focus on US retail sales data for September and upcoming comments from Federal Reserve officials. These factors are expected to play an important role in shaping market sentiment and the trend of the US dollar.