Gate.io: Market Awaits Trump's Inauguration Ceremony, Dollar Rebounds Slightly

On January 17th, Jinshi Data reported that the US dollar saw a slight rebound after recent decline. Investors are following the inauguration of the US President-elect Donald Trump on Monday, as well as prospects for measures such as tariffs and tax cuts to promote rise. These measures are expected to lead to inflation and boost the dollar. Francesco Pesole of ING said in a report, "At present, the dollar may remain stable and overvalued against some tariff-sensitive currencies. Despite the tight position and short-term overvaluation, the dollar is still avoiding real pullback catalysts." He added that Trump may trigger currency fluctuations next week.

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Fastun4ikvip
· 01-17 09:29
To The Moon 🌕We can all do it 💪
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