ING: USD likely to continue trading in higher range
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Odaily Odaily News: ING said that the dollar may continue to trade in a higher range after the rise in the US presidential election. ING analyst Chris Turner said in a report that as the market is preparing for Trump's second presidential term, it no longer expects the Federal Reserve to cut interest rates in December. The development of overseas economies is also "far from encouraging." Turner said that US economic data, including initial claims, are unlikely to have an impact on the market, and the US dollar index should continue to trade in its new 106-107 range. (Jinshi)
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