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Deutsche Bank: The dollar remains high, but Trump's remarks limit the increase

Feb 12, 2026 15:55:46

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According to Jinshi News, Deutsche Bank analyst Michael Pfister stated in a report that the U.S. non-farm payroll data exceeded expectations, prompting the market to lower its expectations for a Federal Reserve rate cut, with the dollar remaining at a high level. However, U.S. President Trump has called for further rate cuts, which has somewhat restrained a larger increase in the dollar. He pointed out that Trump's statements contradict traditional economic theory and may suggest that the Federal Reserve's future rate cuts could exceed current market expectations.

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