Deutsche Bank: The US dollar remains high, but Trump's remarks limit the gains

ChainCatcher News, according to Jinshi reports, Germany’s Commerzbank analyst Michael Pfister stated in a report that the better-than-expected US non-farm employment data prompted the market to lower expectations for Federal Reserve rate cuts, and the dollar remains high. However, US President Trump called for further rate cuts, which to some extent restrained a larger rise in the dollar. He pointed out that Trump’s stance contradicts traditional economic theory and may imply that the Fed’s future rate cuts will exceed current market expectations.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

China's AI Large Model Weekly API Calls Reach 4.69 Trillion Tokens, Surpassing US for Second Consecutive Week

As of March 15, China's AI large language models reached a weekly call volume of 4.69 trillion Tokens, surpassing the US for the second consecutive week, with all top three global rankings occupied by Chinese models. JPMorgan Chase predicts that AI inference Token consumption will grow significantly.

GateNews1h ago

Iran's Currency Collapse: Issues 10 Million Rial New Banknotes, Largest Denomination in History Worth Only $7, Banks Run Out of Cash

Iran issued new banknotes with a denomination of 10 million rials this week, but their actual purchasing power is only about $7, revealing severe inflation issues. In response to the impacts of war and sanctions, many people have faced long queues at banks to withdraw cash. Prolonged economic downturn and systemic corruption have further led to depreciation of the rial.

動區BlockTempo2h ago

Bitcoin dips back below $75,000 on the eve of the Federal Reserve decision

Bitcoin recently touched $75,000 but failed to sustain the level, pulling back to $74,000, reflecting cautious sentiment among investors ahead of the upcoming Federal Reserve interest rate decision. Geopolitical risks and elevated energy prices have driven inflation higher, affecting market expectations for rate cuts and pushing the timeline for cuts to year-end. Technical analysis shows Bitcoin remains strong but has not confirmed a decisive breakout above the $75,000 level, with limited upside potential in the near term.

区块客2h ago

Xinda Futures: Rising Energy Prices Constrain Rate Expectations, Gold Under Short-Term Pressure

Xinda Futures research indicates that gold price movements are influenced by rising energy prices and interest rate expectations. The Middle East conflict has kept crude oil at elevated levels, intensifying inflation concerns in the market and suppressing gold prices. The market expects the Federal Reserve to maintain interest rates unchanged, but Powell's assessment will impact subsequent policy decisions.

GateNews4h ago

Silver Crashes 45% in 50 Days – Brutal Drop OR Surging Soon?

The recent decline in silver prices, driven by global market volatility and changing investor sentiment, raises concerns about broader market implications. This correction may influence capital allocation across various asset classes, including digital assets.

Coinfomania19h ago

Oil Price Surges Raise Concerns Over Potential Market Downturn

Oil price surges have played a significant role in shaping global financial markets during periods of economic stress. One of the most well-known examples is the 1973 Oil Crisis, when sharp increases in oil prices triggered inflation, reduced economic activity, and led to a substantial decline in st

Coinfomania20h ago
Comment
0/400
No comments