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Dollar Jumps Ahead of Trump Tariff Deadline

Dollar Jumps Ahead of Trump Tariff Deadline

Bloomberg9 hours ago
The dollar rose against currencies globally, climbing to its strongest level in more than a week on speculation Donald Trump's trade tariffs won't hurt the US economy as badly as feared or require aggressive interest-rate cuts to remedy.
A gauge of the dollar's strength rose as much as 0.5%, reaching its strongest level since June 27. That left the greenback higher versus the majority of G-10 currencies, strengthening the most versus the yen and the Australian and New Zealand dollars, while pushing a measure of emerging-market currencies toward its steepest drop since April.
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