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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 dollar also rose as much as 3.5% against the Mexican peso before paring gains. The currency cross has been seen as a bellwether of Trump's election chances, given his expressed desire to ...
Of course, certain risks remain that could derail the dollar's positive path. And a lot depends on the unknowns of Trump 2.0. "We expect the USD to remain strong in the short term on the back of ...
The dollar index, a measure of the US currency against a basket of international counterparts, hit its highest in more than two years after an unexpectedly hot December jobs report. The greenback ...
U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar ...
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.
Brock said gold prices might decline with a possible strengthening of the U.S. dollar. “Gold is a safe haven asset that does best when economic uncertainty is high and the U.S. dollar is ...
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 ...