Dollar clings to 2-year high as US rates, tariffs in focus

By: Admin
yesterday
1043

SINGAPORE, Jan 14 (Reuters) - The dollar hung near its highest in more than two years on Tuesday as traders scale back U.S. rate cuts in 2025 after strong economic data, while investor worries about Britain's fiscal health kept frail sterling in the spotlight.

With President-elect Donald Trump set to step back into the White House next week, the focus has been on his policies that analysts expect will boost growth but add to price pressures.

https://www.reuters.com/markets/currencies/dollar-clings-2-year-high-us-rates-tariffs-focus-2025-01-14/