Reported 2 days ago
With Donald Trump's election victory fueling dollar optimism, traders brace for a historically tough December for the greenback. The U.S. dollar has risen about 2% since November 5, but the month has seen eight losses in the last decade due to year-end rebalancing and the holiday trading rally. Potential volatility looms with Trump's unpredictable social media influence, coupled with nine major central bank meetings and significant economic data releases. Predictions about the dollar's strength vary, as some analysts anticipate a peak by year-end amid shifts in trade focus and Federal Reserve policy.
Source: YAHOO