CoinWorld News reports, according to ME News, on January 13 (UTC+8), Valentin Marinov, Head of G10 Foreign Exchange Research and Strategy at Crédit Agricole, believes that given the market's relatively muted reaction to CPI data, traders should buy dollars when the USD exchange rate declines from current levels. The subdued market response further confirms that, since the market has already priced in two rate cuts in 2026, many of the negative factors related to the Federal Reserve have been reflected in the dollar's price. It is also worth noting that even though concerns over fiscal dominance have recently caused the dollar to decline, the market has not pre-emptively priced in the timing of Fed rate cuts. Therefore, the actual interest rate advantage of the dollar over the euro and pound has not been fully realized and is undervalued.
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CoinWorld News reports, according to ME News, on January 13 (UTC+8), Valentin Marinov, Head of G10 Foreign Exchange Research and Strategy at Crédit Agricole, believes that given the market's relatively muted reaction to CPI data, traders should buy dollars when the USD exchange rate declines from current levels. The subdued market response further confirms that, since the market has already priced in two rate cuts in 2026, many of the negative factors related to the Federal Reserve have been reflected in the dollar's price. It is also worth noting that even though concerns over fiscal dominance have recently caused the dollar to decline, the market has not pre-emptively priced in the timing of Fed rate cuts. Therefore, the actual interest rate advantage of the dollar over the euro and pound has not been fully realized and is undervalued.