Analyst: From the perspective of interest rate differentials and economic advantages, the dollar has room to recover.

Jin10 data reported on August 5, eToro analyst Lale Akoner said that due to economic growth and favorable interest rate differentials, the dollar has room for further rise. She stated that the Fed is unlikely to cut interest rates more than twice this year, as inflation appears to remain high. This supports the dollar against currencies from other central banks that are significantly cutting rates. She mentioned that if businesses pass costs onto consumers, U.S. tariffs could lead to higher Inflation. However, despite potential slowdowns in economic growth, the U.S. should be able to avoid a recession.

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