According to Jinse Finance, ABN Amro Bank states that the US presidential election in November will play a crucial role in the trajectory of the US dollar in late 2024 and early 2025. If Trump is elected president, inflation could be higher. A more relaxed fiscal situation indicates that the Fed's easing cycle might abruptly stop next year. If Harris wins the election, it would allow for a longer series of rate cuts, meaning the dollar's performance would be weaker than under a Trump presidency.