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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New York Stock Exchange

Economic Ripples as Trump Wins Second Term: Dollar Rises, Renewable Energy Falls

Trump’s win secured the presidency and a Republican Senate majority, enabling potential policy shifts. Analysts attributed the dollar’s rise to anticipated fiscal policy changes, including tariffs on imports. The dollar index, which measures the currency against major peers, advanced by 1.25%. Market Surge and Dollar Strength: The U.S. dollar rose 1.25%, and major stock indices…

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