PANews reported on January 25 that according to Jinshi, the European Central Bank will announce its interest rate decision on Thursday, and the market expects the bank to cut interest rates at that time. TD Securities foreign exchange analysts said that since the data is basically consistent with the ECB's December forecast or weaker, this meeting should directly cut interest rates by 25 basis points. Short-term market dynamics reflect tight positions and valuations, which we believe will provide a good entry point to re-engage in new US dollar longs.