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Trump said late Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada. ... The dollar hit a 4-1/2-year high against its Canadian counterpart ...
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 fact that Trump didn't yet mention Europe or Japan as part of the 'day one' plan allowed the euro, which hit a two-year low on Friday, to hold on to Monday's bounce and the yen held up as well.
Noise around tariffs and consumer costs are rising as Donald Trump sets the stage for a White House return.. The president-elect has floated the idea of a 10% tariff on all imports and 60% on ...
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 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
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 ...