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The U.S. dollar is on fire, reaching near-parity with the euro for the first time in two decades. The yen ( JPY=X ) is down 20% versus the dollar over the last year — nearly unheard of in the ...
The euro made its biggest gain in 18 months, [270] before falling to a new four-year low a week later. [271] Shortly after the euro rose again as hedge funds and other short-term traders unwound short positions and carry trades in the currency. [272] Commodity prices also rose following the announcement. [273] The dollar Libor held at a nine ...
The greenback climbed against every G10 currency, including gains exceeding 1.7% against both the euro and yen. The dollar also rose as much as 3.5% against the Mexican peso before paring gains.
Trump, however, says he won’t waste any time, threatening last week to slap 25% tariffs on Mexico and Canada and an additional 10% duty on Chinese goods on the first day of his second term on ...
A study by the Centre for European Policy in Freiburg indicated that Germany gained significantly from the introduction of the euro. Between 1999 and 2017, Germany gained almost €1.9 trillion as a result of the euro's introduction. [16] The new currency created an additional €23,000 per inhabitant in Germany during this two-decade timeframe ...
The dollar index, which measures the US dollar against a basket of currencies, has surged as much as 5% since Trump's win and is up as much as 8% since October 1, trading at its highest level in ...
After three Trump casino executives died in a 1989 helicopter crash, Trump claimed that he, too, had nearly boarded the helicopter. The claim was denied 30 years later by a former vice president of the Trump Organization. [60] Promoting his Trump University after its formation in 2004, Trump asserted he would handpick all its instructors ...
"President-elect Donald Trump has a dollar problem. In recent months he has shown a clear preference for a weaker exchange rate to support the competitiveness of US exports and help reduce the US ...