Agency: The US dollar may continue to be under pressure before the suspension period of reciprocal tariffs ends

Planet Daily News: The US dollar fell to a multi-year low against the euro and Swiss franc, as concerns about the Federal Reserve's future independence shook confidence in the stability of US monetary policy. Nick Rees, head of macroeconomic research at Monex Europe, stated that from a market perspective, this would not only obviously weaken the Federal Reserve's credibility and independence but also pose risks to the US interest rate outlook. These concerns put pressure on the US dollar today. The pressure on the dollar from Trump team statements may intensify before the July 9th "reciprocal tariff" suspension expires. (Jintian)