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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 ...
Trump has promised to carry out the “largest deportation program in America history,” a chilling statement for the more than 8 million people estimated to be working in the country illegally.
Bitcoin also hit an all-time high, following Trump's election promise to prioritise the volatile crypto currency. ... The euro dived 1.89% against the US dollar to its lowest level since June as ...
The dollar jumped more than 2% on the Mexican peso and about 1.4% on the Canadian dollar, before settling around 1% higher on each. The dollar hit a four-month high on China's yuan although share ...
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 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 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 ...
Second, Trump 1.0 and the pandemic have pushed companies to develop a more diverse supplier base to adapt in response to tariffs targeting a single country like China or Mexico: