Image of William McKinley as it appears on the US $500 bill.

U.S. Dollar Strengthens Amid Mixed Economic Signals

The U.S. dollar strengthened against several major currencies despite mixed economic indicators and political uncertainty. President-elect Donald Trump issued threats of 100% tariffs on developing economies, including Brazil, Russia, India, and China, if they undermine the U.S. dollar. Trump’s statements aimed at deterring these countries from creating a new currency to challenge the dollar’s dominance….

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