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The Bloomberg Dollar Spot Index was up as much as 1.7%, the most in four years, hitting its highest level since November 2023. The greenback climbed against every G10 currency, including gains ...
Bitcoin also hit an all-time high, following Trump's election promise to prioritise the volatile crypto currency. ... The euro dived 1.89% against the US dollar to its lowest level since June as ...
LONDON (Reuters) -Donald Trump's rapid confirmation as the next U.S. president unleashed the biggest one-day rally in the dollar in eight years and lifted stocks, as investors bet tariffs on ...
Second, Trump 1.0 and the pandemic have pushed companies to develop a more diverse supplier base to adapt in response to tariffs targeting a single country like China or Mexico:
The U.S. dollar strengthened against major peers on Thursday, trading at a one-year high and headed for a fifth straight session of gains, propelled by market expectations since Donald Trump ...
The US dollar index hit its highest point since July. Cryptocurrencies, which are considered part of the so-called Trump trade, jumped as well. Bitcoin surpassed $75,000, hitting an all-time high ...
That comes after the blue-chip index hit a fresh all-time high on Friday and edged back above 40,000 following encouraging inflation data. The S&P 500 gained 0.3% and the Nasdaq Composite added 0.4%.
Donald Trump's proposed policies are likely to give the US dollar a boost during his second term, but a stronger US currency has the potential to unleash chaos in global markets, according to one ...