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Dollar holds firm at 1-year high on Trump trade momentum
Dollar holds firm at one-year high on Trump trade momentum
The U.S. dollar revisited a one-year high against major peers on Thursday, as a fourth straight winning session from momentum sparked by Donald Trump's election victory eclipsed a rise in bets for Federal Reserve easing.
Dollar at One-Year High as Trump Trade Momentum Eclipses Fed Easing View
The
dollar
dipped briefly on Wednesday after a measure of U.S. consumer inflation met economists' forecasts, keeping the
Fed
on track to reduce rates at their next meeting in December. But the currency soon recovered, and then rallied to new session highs.
Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’
Investors betting that Donald Trump’s incoming administration will be a boon for the cryptocurrency industry drove the price of bitcoin to a new record on Monday, while the dollar advanced to a four-month high.
Dollar rally pushes gold to near 2-month low
Dollar rally pushes gold to near two-month low as traders await Fed cues
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for October.
Gold drops over 2% as dollar strengthens; investors await Fed policy cues
Gold prices slipped more than 2% on Monday, weighed down by the greenback's continued rise and the broader implications of Donald Trump's victory on fiscal policy and interest rate cuts. Spot gold fell 2.
Gold Holds Near Eight-Week Low as US Dollar Rallies Higher
Gold held a four-day drop as a sharp rally in the dollar weighed on the metal, even as US inflation data supported the case for another Federal Reserve rate cut next month.
Reuters on MSN
19h
Stocks inch up, dollar eases as inflation adds to bets on Fed cut
N] The
dollar
index edged lower, while short-dated U.S. Treasury ... as traders adjusted their calculations on the ...
2d
Dollar braces for US inflation data and several Fed speakers
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
cnbctv18
2h
US Fed needs to halt rate cuts to sustain strong dollar, says Ed Yardeni
Ed Yardeni, President of Yardeni Research described the economic outlook in Europe as fairly disappointing and stated that ...
6h
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Opinion
7d
Opinion
Dollar’s Trump Surge Collides With the Fed
MAGA’s chieftain likes a weak greenback, but wait for the central bank before getting caught out on that limb.
9d
on MSN
The US dollar is jittery ahead of a big week, and there's more to it than the presidential election
The
dollar
lost ground after weekend polls showed the odds of a ... was closed in Asian trading hours as markets in Japan ...
55m
on MSN
Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges
Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last ...
12h
Gold slumps amid strong US Dollar after US CPI
The DXY, which tracks the performance of the US Dollar against a basket of peers, hit a YTD high of 106.52, surpassing the ...
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