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Dollar Gets Extra Boost as Supreme Court Ruling Signals US Currency Has Room to Run

From bnnbloomberg.ca

The dollar’s advance following a crucial Supreme Court ruling highlights the potential for further gains in the US currency in case of a second Donald Trump presidency. The Bloomberg Dollar Spot Index rose 0.2% Monday after touching the highest level since November last week. The strength in the dollar is weighing on currencies around the globe, with the Japanese yen among the currencies that are taking the brunt. The Supreme Court on Monday ruled that Trump has some immunity from criminal charges for trying to reverse the 2020 election results, making it unlikely that a trial will happen before the presidential ... (full story)

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  • Category: Fundamental Analysis