German Commercial Bank: The downward trend of the US dollar remains unchanged after a recent moderation.

Volkmar Baur, an analyst at Deutsche Bank, stated in a report that the recent modest recovery of the dollar may represent a pause in the depreciation of the dollar rather than a reversal of the trend. He said, "Given the intensity and speed of the dollar depreciation in the first half of this year, a slight rebound is likely to occur in the coming weeks." However, the issues facing the dollar have not disappeared and may become the focus again next week. He pointed out that the deadline for US tariffs on August 1st is rapidly approaching, while the independence of the Federal Reserve is under threat.