According to online reports, Brad Bechtel, global head of foreign exchange at Jefferies Group, said that driven by Trump's election as president of the United States, the dollar started strongly, but its future trend will largely depend on the pace of policy implementation. "Over time, I can see the potential for the dollar to continue to rise, but I don't think it will be repriced immediately," Bechtel said. During Trump's first administration, he felt his way in Washington, and as experience gained, he could move forward with tariff and regulatory reform faster. But there is no guarantee, and a lot still depends on whether the Republicans win the House. "From now on, we need to see if this is going to be a red wave: it will determine the speed at which the market moves wider," Bechtel said.