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TD Securities: U.S. Dollar May Weaken in 2026 Even Without Fed Rate Cuts

2026-05-14 15:34:01

According to TD Securities, on May 14, the firm's strategists said the Federal Reserve is unlikely to cut rates in 2026, with interest rates expected to remain stable. Despite this, the strategists maintain their forecast that the U.S. dollar will weaken this year. TD Securities noted that the Fed's potential rate hikes may be smaller than those of other major central banks. The firm also predicts that once the Strait of Hormuz reopens, the dollar index will continue to break below the 98 level.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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