Gate.io: Asynchronous interest rate cuts in Europe and the United States will keep the euro rising

Jinsan data news on September 16th, Dutch international analyst Turner said in a report that due to the market betting that the Fed will cut interest rates more than the European Central Bank, the euro may continue to rise against the dollar. “The continued decline in the short-term interest rate in the United States means that the two-year interest rate spread for the euro against the dollar is 85 basis points, the lowest level of the year.” He said that if the market digests the expectation of a rate cut by the European Central Bank at the October meeting, this spread may narrow further, Turner said the euro to dollar exchange rate may rise to 1.1155.