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The dollar was up by about 1.65% against a host of different currencies, including the pound, euro and the Japanese yen The pound sank 1.16% against the US dollar to its lowest level since August
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 ...
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 Stoxx Europe 600 index, the benchmark for the region, was up 1.3%. Germany’s DAX and France’s CAC rose 0.8% and 1.4% respectively, while London’s FTSE 100 was trading 1.3% higher on the day.
"It seems to further point to Dollar strength being a theme of the new administration as against Trump 1.0 where initially they tried to talk the Dollar down," the Deutsche analysts wrote.
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 ...
The director of national intelligence was first elevated to Cabinet-level status by Trump in February 2017, during his first administration. In November 2024, President-elect Trump selected Army lieutenant colonel and former congresswoman Tulsi Gabbard of Hawaii to serve as his DNI.
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 ...