DOLLAR SET FOR STRONGEST YEAR IN A DECADE ON STRONG U.S. ECONOMY

DOLLAR SET FOR STRONGEST YEAR IN A DECADE ON STRONG U.S. ECONOMY
DOLLAR SET FOR STRONGEST YEAR IN A DECADE ON STRONG U.S. ECONOMY

The U.S. dollar is having its strongest year in nearly a decade.

A strong U.S. economy has reduced expectations of interest rate cuts by the Federal Reserve.

President-elect Donald Trump's tariff threats have increased confidence in the dollar.

The Bloomberg Dollar Spot Index has risen over 7%, the best performance since 2015.

Major currencies from developed countries have weakened against the dollar as their central banks face challenges.

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