Trump's warnings and political tensions boost US dollar against major currencies.

US President-elect Donald Trump's warning to BRICS nations against divesting from the dollar has contributed to the currency's recent strength. The US dollar has gained against major currencies, influenced by political tensions with China and technical factors. Trump's tweets and potential tariffs could affect market behavior, while December traditionally sees portfolio rebalancing and riskier asset preferences, potentially impacting the dollar's future performance.

4 months ago
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