[Citi Strategist Predicts Post-Midterm Election Dollar Weakness Will Be Short-Lived; Focus Will Revert to Fed Rate Path] Golden Finance reported on November 5th that Citi strategist Daniel Tobon stated that the dollar's weakness after the US midterm elections will be temporary, and market focus will shift back to the Fed's interest rate outlook as new economic data is released. In an interview, Tobon said that the market's bet on a divided government meaning Trump will be unable to advance his plans may be short-lived, benefiting the yen and Swiss franc. "I would be very cautious if this led to the conclusion that Trump can't do anything now," Tobon said. "Trump actually relies more on executive orders than Congress." "From a macro perspective, nothing has changed significantly beyond previous expectations or market pricing," he said. "Ultimately, it comes down to what has been driving the foreign exchange market: what the Fed and the ECB will do next." He expects the ECB to turn dovish earlier than the Fed. Tobon stated that Friday's US non-farm payroll report is unlikely to contain data sufficient to prompt the Fed to change its current policy direction. He said, "So far, US economic data has been good, and we expect this to continue."