Why the US Dollar Is Set to Fall Further

The US dollar has been on the back foot and we think it’ll weaken further in the coming months.

Why the US Dollar Is Set to Fall Further

There are some fundamental weaknesses in the US dollar, and we’re expecting it to hit 1.20 against the euro by Christmas – it hasn’t been that low for four years. ING Research Head of Markets, Chris Turner, says there is real concern about the enduring strength of America’s economy, and we’re expecting more Fed interest rate cuts this year and in early 2026.