Golden Finance reported that the weakening of the dollar was a bit unexpected, as analysts expected the dollar to strengthen due to U.S. tariff measures. "Tariffs are just a tax, so they represent fiscal austerity," wrote George Saravelos, an analyst at Deutsche Bank's research division. At the same time, policy uncertainty is also rising. Therefore, the market's expectations of "the growth gap between the United States and the rest of the world" are reasonable. Saravelos added that the dollar's safe-haven position may also weaken. Saravelos is neutral about the dollar outlook, but “we are starting to be more open to the prospect of a weaker dollar overall.”