RSS SubscribeDollar eyes best year in almost a decade
From Yahoo Finance
The dollar is headed for its best year in almost a decade as US economic strength reins in expectations for the Federal Reserve’s rate-cutting cycle and President-elect Donald Trump’s threats of harsh tariffs underpin bullish bets on the currency.
The Bloomberg Dollar Spot Index rose more than 7% so far this year, the best run since 2015. All currencies in the developed world weakened against the greenback as other central banks had to support local economies.
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