Analyst: If the Harris deal ignites, it could burn the dollar

avatar
ODAILY
09-11
This article is machine translated
Show original
Odaily Odaily News Market analyst Robert Howard said that Harris had a heated debate with Trump on Tuesday, and if people think that her chances of winning the US presidential election in November continue to rise, the dollar may fall further. Betting markets show that Harris is now more likely to succeed Biden than before the debate, while Trump is less likely. It is widely believed that if Harris is elected president instead of Trump, the US inflation rate may be lower, and the Federal Reserve's interest rate cut cycle may last deeper and longer, which may be unfavorable to the US dollar. (Jinshi)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments