Zhongjin forex believes that the trend of the Renminbi exchange rate will still depend on how the 'Trump trade' progresses. If the support for the US Dollar Index slows down, and with the progress of the Fed's interest rate cut cycle, there may still be a possibility of the Renminbi exchange rate showing seasonal strength at the end of the year. Specifically, at present, the basic composition of the Trump administration's cabinet is confirmed, but attention is still needed on the changes in external policy expectations in December, as well as the evolution of risk events such as the Russia-Ukraine conflict. On the internal factors side, attention needs to be paid to the incremental information from important meetings such as the December Central Economic Work Conference and their stimulating effect on market expectations. (Xinhua Finance)