The dollar index is up more than 7% so far this year, its best performance since 2015
2024-12-27 21:34:40
Dollar towards nearly a decade best year performance united states economydesk3cryptocurrencydesktopCrypto News
The dollar headed for its best annual performance in nearly a decade as a stronger US economy damped expectations of a Federal Reserve rate-cutting cycle and President-elect Donald Trump's threat of tough tariffs supported bullish bets on the greenback. The Bloomberg dollar index is up more than 7 per cent so far this year, its best performance since 2015. All developed world currencies weakened against the dollar as other central banks had to step in to support their economies.
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