Frances Cheung and Christopher Wong, strategists at OCBC Bank, stated that the US dollar started the week slightly weak before Trump's inauguration. Trump promised to sign a series of executive orders on his first day in office and said at the rally that he would take action at a historical speed and scale. It is expected that tariff policies may be announced soon, but the timing, extent, and scope are still uncertain. If the announcement of tariffs is delayed for a longer period of time, it may provide a breathing space for risk substitutes, and it is not ruled out that the US dollar may fall back, while the quick implementation of tariffs may hit market sentiment and boost the US dollar.
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O Banco Oversea-Chinese: O dólar ficou um pouco fraco antes da posse de Trump, e os detalhes das tarifas afetarão a direção futura
Frances Cheung and Christopher Wong, strategists at OCBC Bank, stated that the US dollar started the week slightly weak before Trump's inauguration. Trump promised to sign a series of executive orders on his first day in office and said at the rally that he would take action at a historical speed and scale. It is expected that tariff policies may be announced soon, but the timing, extent, and scope are still uncertain. If the announcement of tariffs is delayed for a longer period of time, it may provide a breathing space for risk substitutes, and it is not ruled out that the US dollar may fall back, while the quick implementation of tariffs may hit market sentiment and boost the US dollar.