Reported about 15 hours ago
The US dollar is exhibiting strong performance, described as 'priced to perfection' post the recent elections, as it has gained nearly 9% since hitting a low in September. This strength is attributed to political developments, expectations of reduced rate cuts from the Federal Reserve, and anticipated inflation from Trump's tariff policies. However, there are concerns about long-term stability amid potential economic impacts from these policies, leading some analysts to suggest that while the dollar may remain strong in the short term, uncertainties could cause it to weaken later in the year.
Source: YAHOO