Tag: US dollar firms
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US dollar firms on Fed outlook, potential Trump win; pound sinks after inflation data
U.S. Dollar Strengthens on Fed Outlook and Trump Re-election Speculation; Pound Declines After Inflation Data The foreign exchange market is experiencing notable changes, characterized by the rising value of the U.S. dollar due to a hawkish stance from the Federal Reserve and increasing speculation regarding Donald Trump’s possible return to the presidency. Conversely, the British…