Trump's Dollar Devaluation Push May Impact Currency Trends

French bank Société Générale has indicated that U.S. President Donald Trump's desire for a weaker dollar and lower interest rates has somewhat restrained the dollar's performance. According to Jin10, recent strong U.S. economic data has not positively influenced the dollar. Despite economic growth and inflation prospects, Trump continues to advocate for rate cuts. If market expectations suggest that the conflict with Iran will not escalate further, the dollar might decline, potentially allowing the euro to rise to 1.20 in the coming weeks.