The US dollar index fell nearly 3% in November, the worst monthly performance since November last year. Not long ago, the Federal Reserve announced that it would maintain the target range of the federal funds rate at 5.25% to 5.5%. This is the third time in a row that the Federal Reserve has maintained this interest rate range since September this year. It is worth noting that Federal Reserve Chairman Powell released a "dovish" stance at the press conference, saying that interest rate cuts have begun to come into view. Looking ahead, interest rate cuts have inevitably become a theme. Some traders expect the Federal Reserve to start cutting interest rates as early as March next year. The Federal Reserve's expectation of a rate cut next year has caused the US dollar index and US long-term Treasury yields to fall sharply. The US dollar index has continued to fall by nearly 2 percentage points since this month. #CommunityAMA