Samara Hammoud: The US Dollar Index Under Pressure Due to Fiscal Concerns
2026-08-24 13:49:10
According to CoinMeta, as reported by A early in 2021, a foreign exchange strategist stated that the US Dollar Index remained under pressure around 98.8 during Asian trading hours. The dominant role of fiscal policy, the sustainability of the US government's debt, and the weakening of the dollar have put pressure on the dollar this week. US Treasury Secretary Bessent has raised market expectations for the fiscal consolidation plan to be announced this week. Events related to government efficiency in 2025 indicate that there may be difficulties in cutting spending or increasing taxes, and if the consolidation measures are limited, the market could be disappointed, which could lead to a weaker dollar.
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Source:Internet
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