Mizuho: The dollar price has fully reflected the Federal Reserve's interest rate cut expectations

ChainCatcher news, according to Jinshi reports, Mizuho macro observer Jordan Rochester pointed out that given the lower-than-expected U.S. inflation data for September, the reaction in the money market may not be as significant as imagined. The U.S. dollar index fell by less than 0.1%. The Swedish krona performed the strongest against the dollar among G10 currencies. Mizuho analysis believes that the market's short positions on the dollar have been fully established, and the market's expectations for the Federal Reserve's interest rate cuts have been fully reflected in the dollar price.