[Citi strategists predict that the weakening of the U.S. dollar after the mid-term elections will be difficult to sustain and the focus will return to the Fed's interest rate path] On November 5, Citi strategist Daniel Tobon said that the weakening of the U.S. dollar after the U.S. mid-term elections will be short-lived. With the release of new economic data, the market focus will return to the Fed's interest rate outlook. Tobon said in an interview that the market is betting that a divided government means Trump will be unable to advance his plans. This bet may last for a short period of time and will be positive for the yen and Swiss franc. "I would be very cautious about inferring from this that Trump can't do anything now," Tobon said. "Trump is actually relying more on executive orders than Congress." "Looking at the big picture, the situation has not changed significantly beyond previous expectations or market pricing," he said. "Ultimately it comes back to what has been driving the FX market: what's next for the Fed and the ECB." He expects the ECB to turn dovish sooner than the Fed. Tobon said the U.S. non-farm payrolls report to be released on Friday is unlikely to contain enough data to prompt the Fed to change its current policy direction. "U.S. economic data has been good so far and we expect that to continue," he said.