A potential rate cut would mark the end of the strictest phase of the disinflation process but also indicate a shift toward a more forward-looking approach.

The morning after the U.S. presidential election, where Trump was declared the winner, Bitcoin had already increased in value by a staggering 25% since mid-October.

An election can create market uncertainty and currency fluctuations, especially if the outcome is uncertain or candidates have differing economic views.

However, inflation is expected to rise slightly for the remainder of the year before reaching the 2% target sometime in 2025.

Effective risk management is crucial in Forex trading to protect your capital and minimise potential losses. To manage risks, you should educate yourself, use demo accounts, and stay updated on market developments. Emotional reactions and leverage can increase risk, so it is important to have a clear strategy and use tools such as stop-loss orders and negative balance protection.