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Danske: The dollar is expected to rebound, and the Fed may abandon the rate cut in December.

According to ChainCatcher news and Jin10 reports, the US dollar exchange rate fell on Thursday as traders remained cautious about the possibility of weak data following the reopening of the US government. The House passed a temporary funding bill to end the government shutdown, and Trump signed it into law, allowing official data to resume publication. Kristoffer Kjaer, Head of Forex and Interest Rate Strategy at Danske Bank, pointed out that before the Fed's interest rate decision in December, there could be up to three employment reports and two inflation data releases, with expectations for the dollar to rebound, prompting the Fed to abandon interest rate cuts in December.

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