Reported 18 days ago
Donald Trump’s potential return to the presidency is enhancing optimism among dollar investors, as his economic policies may include tax cuts and tariffs. The dollar recently experienced its largest one-day gain in eight years following Trump's re-election, raising questions about its future value amid inflation and interest rate speculation. While a stronger dollar could mitigate inflation, it may negatively impact U.S. companies and provoke currency wars, especially affecting emerging markets that have borrowed in dollars. Analysts suggest that Trump's administration would face challenges balancing currency strength with economic growth.
Source: YAHOO