We have often observed that market reactions to incoming news or forecasts tend to be exaggerated. Quite often, traders price in events, whether positive or negative, before the publication. This was the case with the US dollar’s growth during Donald Trump’s presidential campaign.This fact continues to boost the greenback. The fact is that Trump’s win suggests domestic tax incentives, external trade barriers, accelerating inflation, and slowing or even pausing rate cuts by the Federal Reserve. But is the US economy able to go on growing steadily with high interest rates? Perhaps macroeconomic data released in the coming days could offer some clues. Let us look at the reports that will be published on November 25 and 26 and find out how they may impact traders’ sentiment.
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