If the dollar cuts interest rates, the purpose is to make more money circulate, so the dollar will depreciate. Theoretically, the euro should rise against the dollar, but it cannot be generalized. You can look at the first rate hike and the second rate hike. The two markets react completely differently. Europe and America plunged for the first time and soared for the second time. There are different reasons in this, and it is not possible to judge the rise and fall simply by raising interest rates.