Overseas Chinese Bank: Limited downward space for the US dollar.

In a research report by Oversea-Chinese Banking Corporation's foreign exchange strategist, it is stated that with strong US data support, the further downside potential for the US dollar should be limited, especially against the Euro and other major European currencies. These foreign exchange strategists stated that they hold a neutral view on the US dollar. They said, "After the impact of tariffs, risks have stabilized, but the dollar remains weak as stronger PMI data boosts pro-cyclical currencies and drives funds into non-US stocks." Oversea-Chinese Banking Corporation stated that the market's attention is shifting towards the next Federal Reserve chairperson. The US dollar index fell by 0.2% to 97.26.