sherry
@tep
In an environment of insufficient liquidity, the trend of the US dollar remains stable. Many traders are still on holiday during the holiday season, and there are no important data releases on Friday's US economic data calendar. Since Trump won the presidential election on November 5th, the US dollar index has risen by over 4%. The policies proposed by Trump, including trade tariffs and tax cuts, are expected to push up inflation and limit the space for the Federal Reserve to cut interest rates. Data shows that the market expects the Federal Reserve to further cut interest rates by 36 basis points by December 2025. @gypsy24
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