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