Dollar Surges to 6-Month High: The Trump Trade and Inflation Data Boost USD’s Momentum

  • Dollar Reaches New Peak: The U.S. dollar scaled a 6-month high as investor anticipation builds for upcoming inflation data.
  • "Trump Trade" Influence: With Trump’s potential re-election, traders expect a dollar-strengthening policy mix of tax cuts, tariffs, and looser regulations.
  • Fed Policy Eyes: Expectations of steady Federal Reserve rates also support the dollar, especially as other central banks consider rate cuts.
  • Market Impact: The USD’s rise weighs on the yen, euro, and British pound, signaling possible broader economic shifts if trends continue

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