Deutsche Bank analyst: The market is not overpricing the Trump effect at all

ChainCatcher news, according to Jin10, Deutsche Bank's head of currency research George Saravelos stated that the market previously believed that the impact of Trump's election as president was somewhat priced in before he took office, but in fact, the market's pricing of the Trump effect has not been excessive at all.

He explained: "In our model, the dollar's safe-haven premium is only 3%, while during the first trade war it was as high as 10%. The bottom line is that the market's pricing of the Trump effect has not been excessive at all."