Odaily Planet Daily News NatWest Markets analysts said in a report that the dollar's rise faces increasing resistance as confidence in the Fed's rate cut prospects increases and the U.S. economy is expected to have a soft landing. They said that unless U.S. data is surprising and the Fed's rate cut expectations are postponed, this situation looks more lasting. NatWest Markets expects the Fed to cut interest rates by 150 basis points this year, nearly 50 basis points higher than the money market pricing. The agency's analysts said: "It is still a story about 'how much' to cut interest rates next month rather than 'whether' to cut interest rates." (Jinshi)