German bank: It may be difficult for the US dollar to make a significant comeback.

In a report, Deutsche Bank analyst Michael Pfister pointed out that due to threats to the independence of the Federal Reserve and weak economic prospects, the US dollar may have difficulty achieving a meaningful recovery. He believes that although the White House has adopted "unstable trade policies," the foreign exchange market does not seem to anticipate any significant difference in the performance of the US dollar in President Trump's second term compared to his first term. The US dollar plummeted to a low during Trump's first term before appreciating significantly. Pfister stated, "This time, considering the attacks on the Federal Reserve and the weakening real economy, this recovery may be even more difficult."