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FX.co ★ Trader’s calendar on October 29-30: USD and Fed's future hinges on Trump and payrolls data

Trader’s calendar on October 29-30: USD and Fed's future hinges on Trump and payrolls data

As Donald Trump’s chances of reclaiming the White House in the upcoming presidential election increase, so does the value of the US dollar. If the Republican returns to office in November and follows through on his promises to raise tariffs and cut taxes, the US Federal Reserve will have to adjust its interest rate-cutting strategy to counter the resulting inflationary pressures.

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