Time:2024-12-28 Click:598
According to Odaily, the U.S. dollar has maintained stability in a low liquidity environment as many traders remain on holiday. The economic calendar for the United States on Friday showed no significant data releases. Since Donald Trump won the presidential election on November 5, the dollar index has increased by over 4%. Trump's proposed policies, including trade tariffs and tax cuts, are expected to drive inflation higher and limit the Federal Reserve's ability to cut interest rates. Market data indicates an anticipated further rate cut of 36 basis points by the Federal Reserve by December 2025.
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