Institution: The dollar may be affected by weak U.S. data.

XTB analyst Hani Abuagla stated in the report that if the US third quarter economic growth data falls short of expectations, the dollar will be very vulnerable. Any signs of economic cooling could strengthen expectations of further interest rate cuts by the Federal Reserve next year, lowering yields and further weakening the dollar. The reduction in year-end liquidity and recent changes in global monetary policy may exacerbate this sensitivity. In particular, the recent interest rate hike by the Bank of Japan could encourage capital inflows into the yen, further pressuring the dollar if US economic data disappoints.