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Trump, dollar
Trump said he'll put a 100% tariff on countries that give up the dollar. That could backfire.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.
Kremlin says Trump threat to BRICS nations against replacing US dollar will backfire
Kremlin spokesman Dmitry Peskov, commenting on U.S. President-elect Donald Trump's threat to impose tariffs on BRICS countries if they create their own currency, said on Monday that any U.S. attempt to compel countries to use the dollar would backfire.
Trump Weaponizing Dollar Seen as a Needless BRICS Provocation
Donald Trump’s pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say.
Gold, dollar
Gold drops as dollar strength sours four-session rally; Fed in focus
Gold prices slipped on Monday, snapping a four-day winning streak, as the U.S. dollar staged a sharp rally and investors braced for pivotal economic data and Federal Reserve insights on the path of interest rates.
Gold under pressure as dollar strengthens
Gold and silver prices fell on Monday, pressured by a rising dollar and higher Treasury yields. Gold for February delivery fell $14, or 0.5%, to $2,667.10 an ounce, while silver prices dropped
Gold Slips on Dollar Strength, Focus on Key US Data This Week
Gold fell as the dollar strengthened, with investors looking ahead to key US data due on Friday that may offer clues on the Federal Reserve’s next interest-rate move later this month.
3h
on MSN
Kelly Evans: There are big downsides to “King Dollar”
There is something deeply reassuring about the dollar being the default global currency. We’ve all experienced this firsthand ...
18h
Dollar edges higher amid rate, political uncertainty
The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while the ...
5h
on MSN
Dollar rises amid Trump’s tariff threats, Euro weakens on France’s political turmoil - Currency Recap
The U.S. dollar rose on Monday as President-elect Donald Trump advocated for a strong dollar, threatening 100% tariffs on ...
2d
on MSN
The dollar has soared since Trump's election win. Here's what that means for your wallet.
A US dollar surge "is typically a double-edged sword, helping your wallet in one way while adversely affecting your portfolio ...
4h
Dollar set up for a bullish run in early 2025 amid greater volatility: TD
Disrupted supply chains caused by geopolitical risks, distorted inflation reads, and greater volatility are among the factors that set the dollar up for a bullish run early next year, according to TD ...
6h
Will Trump’s Dollar Diplomacy Roil Global Trade?
The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
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