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Trump's tariffs were expected to boost the dollar, but recession fears are dragging it downThe Wall Street conventional wisdom in November was that President-elect Donald Trump's tariff plans would boost the U.S.
Recent decline in the dollar and surge in interest rates suggest foreigners are reducing investments in American financial assets. Read more to see my thoughts.
The U.S. Dollar edged a bit higher on Monday, after falling sharply last week as President Donald Trump announced his reciprocal tariffs, driving investors to other safe-haven assets. The greenback ...
Spot gold has continued its blazing rally from the last year, hitting multiple record highs and gaining nearly 21% so far in ...
The Australian dollar dived to five-year lows on Monday, slammed by fears that a tit-for-tat global trade war would send the ...
If you were to go down there, that, in itself, could tip the economy into recession because wealthier people would not spend as much. So, he’s watching that dynamic. Watch the dollar.
Instead, with the tariffs in place, worries about an impending recession have overwhelmed any positive benefit for the greenback. The ICE U.S. Dollar Index traded as high as 104.31 on Wednesday ...
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