
Trump's Tariffs Make Currency Trading Cool Again After Years of Decline
That changed after Donald Trump was reelected US president on pledges to shake up global trade. The Canadian dollar and the euro suddenly started gyrating with each trade threat, slumping when it seemed penalties were imminent and rallying when Trump announced a reprieve. And as the dollar has strengthened, the Federal Reserve has decoupled from other central banks, signaling it will keep rates steady even as others continue cutting.
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