The next week may be a critical one. The Federal Reserve and the Bank of England will focus on cutting interest rates in 2024, while the Bank of Japan will consider raising interest rates and reducing the purchase of Japanese treasury bond bonds.

For global financial markets, the next week may be a crucial one. The European Central Bank, the Federal Reserve, and the Chinese economy will be the focus.

In the third quarter, although the euro may recover to some extent, the market remains uncertain due to conflicting concerns about the French election and the Federal Reserve's loose policy.

DXY may rise at the beginning of the third quarter, especially during the French elections. However, if the Federal Reserve's initial interest rate cut expectation gradually becomes clear this quarter, DXY may fall later.

IG retail trader data shows that 81.43% of traders are net bullish, with a long short ratio of 4.39 to 1.

The outlook for the FTSE 100, DAX 40 and CAC 40 is uncertain.

Currently, traders still hold a bearish attitude towards the Japanese yen against a range of other currencies.