US Dollar Price Annual Forecast: King for longer?

Tina Collins

23 Dec 2024 — 1 min read

US Dollar Price Annual Forecast: King for longer?

US Dollar Gains in 2024: The US Dollar is expected to perform well in 2024.

Trump's Impact in 2025: Anticipation of Donald Trump returning as President may support the dollar's strength in 2025.

Federal Reserve's Role: The Fed is expected to slow down its interest rate cuts next year, helping the dollar.

Dollar Index Movements: The Dollar Index (DXY) rose early in 2024, peaked near 106.50 in May, then fell to around 100.00 by September.

Trump's Influence: Confidence in Trump's chances against Kamala Harris in the November election boosted investor interest, helping the dollar recover.

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ECB MEMBER ELDERSON WARNS OF RISKS OF RAPID RATE CUTS!

CHINA'S IMPORTS OF RUSSIAN OIL HIT RECORD HIGH LAST YEAR

CHINA'S VICE PRESIDENT HAN ZHENG MEETS MUSK AND VANCE, DISCUSSES CHINA-US RELATIONS

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