ING: The US dollar may remain relatively weak this week

ChainCatcher news, according to Golden Ten Data, ING stated in a research report that the US dollar is likely to remain relatively weak. The report pointed out that the US dollar started this week on a weak note, possibly due to market expectations of a Federal Reserve rate cut. ING noted that the dollar's weakness is influenced by a mild external environment, with global stock markets continuing to rise slightly, which usually prompts capital to flow into risk assets and reduces demand for the dollar. On Tuesday, the market's focus will be on US retail sales data.