US DOLLAR TO REMAIN STRONG IN 2024 AND 2025: TRUMP FACTOR AND FEDERAL RESERVE POLICIES SUPPORTING GAINS

Tina Collins

02 Jan 2025 — 1 min read

US DOLLAR TO REMAIN STRONG IN 2024 AND 2025: TRUMP FACTOR AND FEDERAL RESERVE POLICIES SUPPORTING GAINS

The US Dollar (USD) is expected to see steady gains in 2024.

The potential return of Donald Trump as president in 2025 is boosting investor confidence in a strong USD.

The Federal Reserve is likely to slow the pace of its easing cycle in the coming year, favoring the USD.

In 2024, the USD initially faced resistance around the 106.50 level but experienced a pullback to the 100.00 mark by September.

The USD's decline was halted by the "Trump trade" as investor optimism about Trump's potential presidential victory resurfaced.

BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY Bitcoin price stalled at $100,600 on Wednesday, with a 3% daily gain. Demand for Bitcoin has slowed as traders focus on Trump-related tokens and lending protocols. Bitcoin on-chain transactions dropped by 37% in the last three days. The

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS Gold remained near a five-week high on Friday. It is on track for its third consecutive weekly gain. U.S. inflation data increased expectations that the Federal Reserve might cut interest rates this year.

Surprise Fed Statements: March Could See Interest Rate Cut

Federal Reserve Governor Christopher Waller spoke about potential interest rate cuts in 2025. He said December's inflation data was promising, and if trends continue, a rate cut could happen in the first half of the year. A rate cut in March is possible if inflation keeps dropping. Waller

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES Litecoin (LTC) price is trading above $102, up 10% from Monday’s low of $92.5. Whale transactions on Litecoin network surged by 42%, reaching 3,870 on Monday. Litecoin may face a consolidation phase due to declining market volumes. On-chain data shows

Read more

BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

Surprise Fed Statements: March Could See Interest Rate Cut

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES