Societe Generale: The resilience of the U.S. economy supports further gains for the dollar
2026-11-12 12:40:23
According to CoinMeta, an analyst from Societe Generale named Kit Juckes stated in a report that the resilience of the U.S. economy has supported further gains for the dollar, and he maintained his target for the euro to the dollar at 1.10 by the end of the year. He pointed out that strong inflation in the United States, as well as retail sales and GDP data that exceeded expectations, have overshadowed the potential longer-term risks brought about by tighter fiscal policy and increased congressional scrutiny of AI. Although there may be storm clouds on the horizon, the U.S. economy is still performing better than most other economies for now.
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Source:Jin10 Data
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