Analyst: If the "Harris deal" ignites, it may burn the dollar

ChainCatcher news, market analyst Robert Howard stated that Harris had a heated debate with Trump on Tuesday, and if people believe her chances of winning the U.S. presidential election in November continue to rise, the dollar may decline further.

The betting market shows that Harris is now more likely to succeed Biden than before the debate, while Trump's chances have decreased. It is widely believed that if Harris, rather than Trump, is elected president, U.S. inflation rates may be lower, and the Federal Reserve's rate-cutting cycle could last deeper and longer, which may be unfavorable for the dollar. (Jin Ten)