The dollar I was born with "Trump Wind"...a one-year high

2024.11.14. PM 6:04
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The value of the U.S. dollar has risen to its highest level in a year due to the success of former U.S. President Donald Trump in power.

According to Bloomberg News, the dollar index, which represents the value of the dollar against six major currencies, including the euro and yen, surpassed 106.7 at around 0:00 local time on the 14th, the highest level since early November last year.

The dollar index has been on the rise since the 8th.

There is a growing prospect that universal tariffs and stricter immigration policies will fuel U.S. inflation in Trump's second-term government, slowing the pace of the Fed's rate cut.

In addition, rising government bond rates as the U.S. federal government's fiscal deficit spending expands are also a strong factor in the dollar.



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