TechFlow news, November 22 — According to Jinshi Data, George Saravelos, Head of Currency Research at Deutsche Bank, said that the market previously believed the impact of Trump's presidential victory was already partially priced in before he took office. However, in reality, the market has not at all overpriced the so-called "Trump effect."
He explained: "In our model, the safe-haven premium for the U.S. dollar stands at only 3%, compared to a peak of 10% during the first trade war. The bottom line is that the market has not overpriced the Trump effect in any way."
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