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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 ...
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 ...
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.
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 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 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.
TOKYO (Reuters) - The U.S. dollar hovered near a one-week low versus major peers on Tuesday as traders considered whether President-elect Donald Trump's tariffs would be less aggressive than promised.
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 ...