HSBC: The US Dollar May Soon Reach a Bottom as Further Fed Rate Cuts Unlikely in 2026
BlockBeats News, November 19th. HSBC Bank stated that the US dollar may hit bottom in early 2026 and then start to rise. The bank expects the Federal Reserve to cut interest rates in December but believes that the likelihood of further rate cuts in 2026 is small. However, the market currently anticipates an easing of about 85 basis points by the end of the year.
HSBC forecasts that the Euro will rise to $1.20 by the end of this year and early next year, then fall back to $1.18 for the rest of 2026.
You may also like

Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts

The first large-scale adoption of a "yield-bearing stablecoin" was in China

Caixin: Digital RMB Wallet Balances to Begin Earning Interest in 2026
Key Takeaways: Starting January 1, 2026, digital RMB wallets will earn interest on balances. The operational structure will…

The Eve of a Federal Pivot: Evaluating the Looming Change in the U.S. Central Bank
Key Takeaways Investors are gearing up for potential changes in Federal Reserve policy, with concerns about independence and…

Announcement: The Fed to Release Minutes of its Monetary Policy Meeting Soon
Key Takeaways The Federal Reserve is anticipated to disclose the minutes from its latest monetary policy meeting, offering…

The Fed’s Monetary Policy Minutes and the Crypto Trading Insights
Key Takeaways The Federal Reserve is set to disclose the minutes from its recent monetary policy meeting, highlighting…

China to Launch New Digital Yuan Management System
Key Takeaways The People’s Bank of China will implement a new management system for the digital yuan on…

People’s Bank of China to Enhance Digital RMB Management System
Key Takeaways The People’s Bank of China (PBOC) plans to enhance the management system for the digital RMB.…

Coinbase CEO Declares Opposition to Reopening the GENIUS Act: A Clash with Bank Lobbying
Key Takeaways: Coinbase CEO Brian Armstrong criticizes banks for lobbying to reopen the GENIUS Act, seeing it as…

Fed’s ‘Skinny’ Accounts Aim to End Operation Chokepoint 2.0 — Insights from Senator Lummis
Key Takeaways: The Federal Reserve’s proposal to offer “skinny” master accounts to crypto companies is seen as a…

Palmer Luckey’s Erebor Reaches $4.3B Valuation as Bank Charter Progresses
Key Takeaways: Erebor, a digital bank co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to…

Whale Effect? Stablecoins are Not Really the Enemy of Bank Deposits

Bank of Japan Statement in Full: 25 Basis Point Rate Hike, Further Adjustments Under Consideration

On the Eve of a Significant Dollar Devaluation, Bitcoin is Poised for the Final Spark

Exploring the Current State and Future Prospects of Cryptocurrency
Key Takeaways The cryptocurrency market continually evolves, characterized by significant volatility and potential for substantial gains and losses.…

Don’t Call it QE: Fed’s $40 Billion Move May Not Revive Crypto Market
Key Takeaways The Federal Reserve’s announcement of purchasing $40 billion in short-term Treasury bills aims to maintain liquidity…

Central Bank Week and Crypto Market Volatility: How Interest Rate Decisions Shape Trading Conditions on WEEX
Interest rate decisions by major central banks such as the Federal Reserve are significant macroeconomic events impacting global financial markets, directly influencing market liquidity expectations and risk appetite. As the cryptocurrency market continues to develop and its trading structure and participants mature, the crypto market is gradually being incorporated into the macroeconomic pricing system.

U.S. Bank Industry Embraces Blockchain Transition
Key Takeaways The U.S. banking sector is transitioning towards blockchain technology as regulatory discussions turn into implementation. The…
Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts
The first large-scale adoption of a "yield-bearing stablecoin" was in China
Caixin: Digital RMB Wallet Balances to Begin Earning Interest in 2026
Key Takeaways: Starting January 1, 2026, digital RMB wallets will earn interest on balances. The operational structure will…
The Eve of a Federal Pivot: Evaluating the Looming Change in the U.S. Central Bank
Key Takeaways Investors are gearing up for potential changes in Federal Reserve policy, with concerns about independence and…
Announcement: The Fed to Release Minutes of its Monetary Policy Meeting Soon
Key Takeaways The Federal Reserve is anticipated to disclose the minutes from its latest monetary policy meeting, offering…
The Fed’s Monetary Policy Minutes and the Crypto Trading Insights
Key Takeaways The Federal Reserve is set to disclose the minutes from its recent monetary policy meeting, highlighting…
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com