US DOLLAR SET TO RECORD A NEW WEEKLY GAIN

Tina Collins

27 Dec 2024

The US dollar rose on Friday, continuing its gains from the previous day.

The rise is supported by the increase in US 10-year Treasury yields.

The dollar is on track for a fourth consecutive weekly gain.

Expectations of a US interest rate cut in January have decreased following the hawkish Fed meeting.

Investors are awaiting comments from US policymakers to reassess future interest rate decisions.

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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

DOW RISES MORE THAN 300 POINTS, S&P 500 HEADS FOR BEST WEEK SINCE NOVEMBER AS RATES FALL