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XTB Research Director Kathleen Brooks stated that the US dollar fell after President-elect Donald Trump announced he would nominate hedge fund manager Scott Bessent as Treasury Secretary. "Bessent is seen as an antidote to Trump's most extreme economic views," said Brooks. Bessent advocates for reducing government spending and is expected to advocate for a slow and steady approach to trade tariffs that could lead to inflation. According to Brooks, this could boost risk sentiment and reduce the flow of safe-haven funds into the dollar. However, due to the excellent performance of the US economy, any decline in the dollar will be limited. The dollar may still "tend upward before year-end, with any weakness potentially being used as a buying opportunity."

Encrypted Monkey Brother: SXP narrative upgrade, unlimited potential Main points: 1. The history and current situation of SXP Star payment concept project in the last bull market. The follow-up team has undergone a comprehensive update, and the narrative has also been upgraded synchronously. 2. Main funds enter the market Since October this year, SXP has shown obvious signs of main funds entering. 3. K-line analysis and expectations From the technical chart, December could be a super bullish month. "A few times increase is not a problem." See the original text: https://x.com/monkeyjiang/status/1860512907768795463