Global financial markets are under pressure as we kick off the week, with both equities and bond markets showing weakness.
Read moreGlobal financial markets are under pressure as we kick off the week, with both equities and bond markets showing weakness.
The USD closed marginally higher yesterday after being down nearly 0.4% overnight, buoyed by strong domestic data and commentary from Trump.
The U.S. dollar continues to assert its dominance this morning, gaining strength against the euro and sterling while showing slight weakness against the Canadian dollar.
Donald Trump is set to be inaugurated as the 47th President of the United States. Republicans secure Senate control, markets react with significant gains, and global currencies fluctuate post-election.
The USD surged to an 11-week high yesterday after a robust retail sales report led investors to reduce bets on Fed rate cuts this year.
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