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Will the dollar really continue?

With only a week left until the US presidential election, the markets are moving fast. The US dollar has hit its strongest level since August, gaining nearly 4% since late September. Strong economic data and investor bets on Trump’s win are fueling this rally, leading traders to consider what lies ahead.

Source: Financial Times, RealClearPolitics, LSEG

Key factors driving the dollar’s momentum:

💵 Trump trade expectations: Investors are anticipating Trump’s victory, with policies that could boost inflation and limit rate cuts, like tariffs on imports and tax adjustments.

📈 Economic strength: Strong jobs data and solid economic performance are drawing investor interest, boosting demand for the dollar.

Some traders remain cautious, but the potential for a continued dollar rally is on everyone’s radar. Do you believe Trump’s win could keep the momentum going?

Please note that all accounts we provide to our clients are demo accounts with fictitious funds, and any trading is in a simulated environment only. For more information, please feel free to visit our FAQ section. Ok, I understand

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