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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 ...
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 ...
During Trump's first term, the dollar rallied about 13% from February 2018 to February 2020 when he implemented tariffs against several countries, including China and 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 ...
A US dollar surge "is typically a double-edged sword, helping your wallet in one way while adversely affecting your portfolio," Sam Stovall said. The dollar has soared since Trump's election win ...
The federal deficit, currently at 6.4% of GDP, remains a worry despite hopes that fiscal conservatives in Congress and Trump’s economic team will maintain discipline.
"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 ...
The U.S. dollar index, which gauges the currency against the euro, sterling and four other rivals, edged up to 108.38, after dropping as low as 107.74 overnight, its weakest since Dec. 30.