Analyst: The US dollar may further rebound recently.

On March 19, Jinshi Data reported that analysts at Rabobank stated in a report that the slight rise of the US dollar has not changed its position as the worst performing G10 currency so far this year, but it has indeed increased the likelihood of further recovery. She mentioned that after the arrest of Turkey's President Erdogan's rival, Turkish assets faced significant selling, and there may have been some safe-haven buying of the dollar. She noted that if the Federal Reserve hints that inflation concerns will limit rate cuts, the dollar may appreciate further in the near term.

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