The US dollar is rallying, as markets expect that the next administration will reignite inflation. Meanwhile, the president-elect’s tariff proposals have sent European markets tumbling.
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China, which recently unveiled plans to support its ailing economy, got more than $40 billion of bids for its first dollar bond issuance since 2021. That’s 20-times the bonds on offer and helped ...
Blinken was clear that the Biden administration would administer as much support as possible, saying, “President Biden is committed to make sure that every dollar we have at our disposal will be ...
But after Trump scored a decisive victory in the Electoral College (and remains on track to win the popular vote), Carville, who helped Bill Clinton to election success, pointed the finger of blame at ...
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The dollar rose Monday, touching its highest level in a year as the US currency added to advances fueled by Donald Trump’s win in the presidential race. The Bloomberg Dollar Spot Index rose as ...
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The prospect of higher American interest rates has pushed the value of the dollar up by 1.5% against a broad basket of currencies over the past four weeks (see chart). A rising dollar often comes ...