The US dollar slides with calm trade before Trump's inauguration

The dollar has dropped slightly against most of the most important currencies, as traders have reduced the bet on the high value of the green currency hours before the inauguration of US President Donald Trump for a second term. The dollar’s Bloomberg index fell 0.3% on Monday, after Trump’s phone call contributed to Chinese President Xi Jinping on Friday to the calming concern about the tensions between the two countries. Poor liquidity due to a holiday in the United States is likely to aggravate the weakness of the dollar against all other currencies, including the Australian dollar and the Yuan in trading outside China. The market is awaiting the inauguration of Trump, Rodrigo Caters, an analyst at National Australia Bank, said: “In Sydney:” The markets are in the case of Waiting for Trump’s speech and the executive orders that will be issued to him “, and” liquidity is limited and must be dealt with with the pricing. “These moves came after rabbits in the foreign exchange market strengthened the rise of the dollar to the highest levels since 2019, according to the latest data from the direct committee for direct trade. Read more: The weak dollar. Trump’s repeated idea to strengthen the economy of America became a bet on the dollar’s rise in the market after of the market.