US Dollar hits four-month high on 2024 Trump election win

avatar
· 阅读量 37


Trump victory raises expectation of policy-induced inflation, forcing Fed to keep policy restrictive for longer.

FOMC meets on Thursday with a 25 bps cut priced in.

US economy continues to grow at or above trend.

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, surged to a four-month high after former US President Donald Trump secured the necessary electoral votes to become the next US president. 


The US Dollar Index trades above 105.00 on Wednesday, the highest level since early July, following a steep rise against most major peers. Trump's victory has fueled expectations of his policies, including tax cuts, deficit spending and tariffs, which are anticipated to spur inflation and constrain the Federal Reserve (Fed) from implementing a more dovish monetary policy.



风险提示:以上内容仅代表作者或嘉宾的观点,不代表 FOLLOWME 的任何观点及立场,且不代表 FOLLOWME 同意其说法或描述,也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为,除非另有明确的书面承诺文件,否则本社区不承担任何形式的责任。

FOLLOWME 交易社区网址: followme.asia

喜欢的话,赞赏支持一下
avatar
回复 0

加载失败()

  • tradingContest