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The most accurate forex forecaster, Jason Schenker, president of Prestige Economics, predicts that the US dollar will weaken as the Federal Reserve is expected to cut interest rates twice in the first six months of this year. Schenker has outperformed his peers for three consecutive quarters in Bloomberg's ranking of major currency pair forecasts. He expects the dollar to rebound in the second half of the year as the US economy recovers. He also stated, "Commodity currencies may strengthen this year," such as the Australian dollar, ruble, Mexican peso, and Brazilian real
