Deutsche Bank: Almost no one would dare to heavily bet on one direction of the dollar before Friday

ChainCatcher news, the dollar fell ahead of the U.S. employment data release, which could change the Federal Reserve's rate cut expectations. Antje Praefcke, a foreign exchange analyst at Commerzbank, stated in a report that the dollar may "fluctuate back and forth" on Wednesday and Thursday, but "almost no one will dare to take a heavy position in one direction," as Friday's report will be decisive.

She noted that the employment data for August is particularly important, as the report for July had already sparked speculation about larger rate cuts. (Jin Shi)