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Deutsche Bank: The US dollar remains high, but Trump's remarks limit the gains
Mars Finance reports that, according to Jintou, German Commerzbank analyst Michael Pfister stated in a report that the better-than-expected US non-farm employment data led the market to lower expectations for Federal Reserve rate cuts, and the dollar remains at a high level. However, US President Trump called for further rate cuts, which to some extent restrained the dollar from rising further. He pointed out that Trump’s stance contradicts traditional economic theory and may imply that the Fed’s future rate cuts will exceed current market expectations.