Institution: As tariff concerns escalate, the dollar may further fall.

Jin10 data June 12 news, Ballinger Group stated that the uncertainty of tariffs may lead to further fall of the US dollar. The US dollar fell to a three-year low against a currency basket and to a three-and-a-half-year low against the euro. Later on Wednesday evening local time, Trump stated that the US would send letters to various countries within two weeks detailing their tariff rates. "The tariff drama will continue, and if the US economy really starts to be affected, there is still a lot of room for the US dollar to fall." The prospect of the Federal Reserve intensifying interest rate cuts may push the euro against the US dollar up to 1.20.