Rabobank: US Presidential Election Crucial for Dollar Outlook

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September 17, 2024
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According to Mars Finance, Rabobank states that the US presidential election in November will play a crucial role in the dollar's trajectory in late 2024 and early 2025. If Trump wins the election, inflation could be higher. Looser fiscal conditions suggest that the Fed's easing cycle could abruptly halt 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. (Gold 10)

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