Analyst: Trump's tariffs provide short-term support for the dollar, but the dollar may experience seasonal weakness in December

ChainCatcher news, analysts from Malayan Bank stated that the market's immediate reaction to Trump's tariff announcement appears to be negative. The market may be wary that Trump is gradually introducing tariffs, but the implementation may differ from what was proposed. Under the influence of anxiety, the dollar and the dollar against Asian currencies may find short-term support, but if this is all that Trump currently has to say, or if he encounters any obstacles, the strength of the dollar may ease. Trump's Treasury Secretary nominee, Basant, is considered a relatively moderate person, and December may be a seasonally weak month for the dollar. (Jin Shi)