Analyst: The movement of the euro/dollar indicates the risks faced by dollar short positions.

Jin10 data reported on October 30 that analyst Child-Freeman stated, “The market generally believes that interest rate cuts in October and December have become a foregone conclusion before today's Fed interest rate decision, so Fed Chairman Powell's remarks regarding the December meeting brought hawkish signals, which may strengthen the dollar. This does not mean we completely rule out policy action in December, but it will depend on the data, which has been lacking at the moment.” “This caused the euro to retreat below 1.16 against the dollar, and this price movement well summarizes the risks faced by dollar short positions when looking towards 2026: the anticipated narrative of 'dollar weakening and declining yields' must be validated by economic data.”

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