- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future with top experts
- WXT Zone
  Exclusive fee rates and free airdrops await
- Announcement Center
  Stay ahead with WEEX updates
- Elite Trader
  Share your strategies and earn rewards
- Crypto Wiki
  Master trading with simple trading guides for everyone
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Stay on top of the latest crypto trends
- Official Verification
  Use official channels to protect your account
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Discover highlights of WEEX's events around the world
Buy Crypto
- Quick Buy
  Buy with Visa, Mastercard, Apple Pay, Google Pay
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  About futures trading features
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

J.P. Morgan: Expects the Dollar to Weaken Due to Rate Cut Expectations

By: theblockbeats.news|2025/10/21 13:47:52

BlockBeats News, October 21st, JPMorgan Chase expects that as the market's confidence in the Federal Reserve's continued interest rate cuts strengthens, and as the U.S. economic growth aligns with that of other economies, the U.S. dollar will weaken. Reduced safe-haven demand and investor hedging behavior may further pressure the dollar.

The bank forecasts that by mid-2026, the Dollar Index (DXY) will fall to 91.00. Currently, the index is up 0.3%, trading at 98.893.

In the past 24 hours, BlackRock has deposited 2854 BTC and 29,639 ETH into Coinbase Prime

Arch Launches TaxShield Program to Help Hodlers Reduce US Tax Liability Through Bitcoin Mining Investment