Reported 3 months ago
The U.S. dollar has strengthened significantly due to rising Treasury yields, creating pressure on the yen, euro, and pound, which are hovering near multi-month lows. The uncertainty surrounding tariffs introduced by U.S. President-elect Donald Trump has further complicated the market dynamics, leading to cautious trading. While the dollar index nears a two-year high, concerns about the impact of Trump’s policies on inflation and economic growth remain, particularly as bond yields soar and currency values fluctuate.
Source: YAHOO