QCP Capital: If global economic rise remains resilient, the US dollar is likely to weaken from here.

BlockBeats news, on September 3rd, QCP Capital stated in an official post that as we enter September, the market focus has shifted from the extent of interest rate cuts to the independence of the Fed. The rise in term premiums and the lowering of the dollar's down cycle threshold indicate a steepening yield curve and a weakening dollar, while providing support for gold and Bitcoin as hedging tools. The Jackson Hole meeting will cool the risk-oriented labor market, making rate cuts in September still a possibility. Two rate cuts within the year seem reasonable; investors currently need to follow the balance of inflation rates and tariff-driven inflation expectations. If global economic growth remains resilient, the dollar is likely to weaken from here.