[CBA: Investors' bets on a 50 basis point rate cut from the Federal Reserve heat up] Golden Finance reported that the US dollar fell slightly during the Asian trading session as financial markets expected a higher probability of a 50 basis point rate cut by the Federal Open Market Committee this week. However, Kristina Clifton, a foreign exchange strategist at the Commonwealth Bank of Australia (CBA), said that market liquidity remained thin as the Japanese and Chinese markets were closed for public holidays. She said the federal funds rate futures market showed a 60% chance of a 50 basis point rate cut by the Federal Reserve, compared with a forecast of around 50% last Friday. Clifton added that the dollar could fall this week as the global easing cycle weighed on safe-haven currencies. However, if the Fed's dovish expectations are dashed at this meeting, the dollar could rebound later this week.