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.