Odaily Planet Daily News According to market analyst Robert Howard, Harris had a fierce debate with Trump on Tuesday, and if people believe that her chances of winning the November US presidential election continue to rise, the dollar may further decline. The betting market shows that Harris is now more likely to replace Biden than before the debate, while Trump’s chances have decreased. It is widely believed that if Harris, instead of Trump, is elected president, the inflation rate in the United States may be lower, and the Fed’s interest rate cut cycle may continue deeper and longer, which may be unfavorable to the US dollar. (Jinshi)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analyst: If the 'Harris trade' ignites, it may burn to the US dollar
Odaily Planet Daily News According to market analyst Robert Howard, Harris had a fierce debate with Trump on Tuesday, and if people believe that her chances of winning the November US presidential election continue to rise, the dollar may further decline. The betting market shows that Harris is now more likely to replace Biden than before the debate, while Trump’s chances have decreased. It is widely believed that if Harris, instead of Trump, is elected president, the inflation rate in the United States may be lower, and the Fed’s interest rate cut cycle may continue deeper and longer, which may be unfavorable to the US dollar. (Jinshi)