Analysis: The US Dollar is expected to remain weak, possibly experiencing some consolidation.

BlockBeats News, July 1st, Lombard Odier strategists continue to expect the US dollar to weaken over the next 12 months. They stated in a research report that while some consolidation may occur, the likelihood of a more significant recovery seems smaller. Investors are shifting moderately from US assets to Europe and Japan, bringing downside risks to the dollar; however, the recent poor performance seems to have persisted.

They indicated that the US economic slowdown and the possibility of unexpected growth in other regions in 2026 will lead to a weaker dollar and a higher Euro/USD rate. "Our fair value estimate for Euro/USD is around 1.15, but considering higher foreign exchange volatility and more geopolitical uncertainty, a broader range of 1.15-1.20 would be prudent."