The haze of tariffs remains, Wall Street sticks to its bearish position on the US dollar.

According to the Wisdom Financial APP, this week, the US stock market experienced an epic rebound, and the cries of an economic recession were ignored. However, foreign exchange traders continued to be bearish on the US dollar. Strategists from JPMorgan Chase and Deutsche Bank said that the US dollar will continue to weaken, and the pessimism among option traders is at its highest in five years. The US dollar index is still close to its low point in April, indicating that despite some easing of trade tensions between China and the US, investors remain cautious about returning to the US dollar.