Trump's Growth Promotion Plan Difficulties in Production

Huitong Network1month12Daily news - US dollar against a basket of major currencies1month11The daily trend turned from an early morning rise to a one month low. Earlier, US President elect Trump held a press conference and did not provide guidance on plans to promote growth, which disappointed US dollar bulls.
Trump's plan to promote growth is stalled, with the US dollar falling to a one month low
Before the press conference, the US dollar hit a one week high against the euro and Swiss franc, and a three month high against the pound. Trump attacked US intelligence agencies at a press conference, refuting reports of his close relationship with Russia and failing to articulate his economic policy stance. The US dollar subsequently fell against the aforementioned currency.
   
Since Trump's election, investors have been betting that he will increase spending and reduce taxes, stimulating American companies to move overseas funds back home for investment. These policies will stimulate inflation and prompt the Federal Reserve to raise interest rates faster. And then push up the US dollar.
   
since11month8Since Trump's victory, the US dollar index has risen4%And in the1month3Daily contact103.820A fourteen year high.
   
The US dollar index hit a one week high before the press conference102.950After the press conference, it fell to12month14The lowest in recent days101.280. The decline narrowed to0.15%Report101.860。
Federal Reservehttp://news.fx678.com/news/keywords/fed.shtml