Market analysis: If the view that the Fed's rate cut cycle has ended becomes mainstream, the dollar will be stronger

The dollar could get stronger if the view that the Fed's rate-cutting cycle may be over dominates the market. After the release of strong US employment data on Friday, Bank of America's "baseline scenario" is that the Fed will remain on hold for a long time, and the probability of the next move is "biased towards rate hikes." If the Fed's next move looks like a rate hike rather than a rate cut, it will add fuel to the bullish momentum of the dollar. At least five Fed officials will speak this week, with a focus on FOMC permanent voting member and New York Fed President Williams. (Jinshi)