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Commonwealth Bank of Australia foreign exchange strategist Samara Hammoud said that concerns about US fiscal dominance risks, government debt sustainability, and the depreciation of the US dollar are expected to continue to put pressure on the US dollar this week. US Treasury Secretary Bessent previously raised market expectations that the budget consolidation plan will be announced this week. If the consolidation measures are limited, they will disappoint market expectations and further weigh on the US dollar.

Zhitongcaijing·08/24/2026 05:57:01
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Commonwealth Bank of Australia foreign exchange strategist Samara Hammoud said that concerns about US fiscal dominance risks, government debt sustainability, and the depreciation of the US dollar are expected to continue to put pressure on the US dollar this week. US Treasury Secretary Bessent previously raised market expectations that the budget consolidation plan will be announced this week. If the consolidation measures are limited, they will disappoint market expectations and further weigh on the US dollar.