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get up Dollar to above 156 yen for the first time since July. The euro fell to its lowest level since November 2023 at $1.05310, and the British pound fell to its lowest level against the dollar in four months at $1.2630.
Higher tariffs and stricter immigration procedures are expected to increase under President-elect Trump’s administration Inflationwhich could lower the Federal Reserve’s interest rate Interest rates.
The benchmark yield on ten-year Treasury bonds reached 4.483 percent on Thursday, the highest level since July.
Edison Research predicted yesterday, Wednesday, that Trump’s Republican Party would control both chambers of Congress, giving him broad authority to advance his agenda.
The dollar index, which measures the currency against six major currencies including the euro and the yen, rose 0.3 percent to 106.79, briefly touching 107, its highest peak from early November 2023.
Last night, the cryptocurrency Bitcoin jumped to a new level at $93,480, but it fell for a short time and rose again today, Thursday. Trump promised to make the United States “the cryptocurrency capital of the planet.”
The Australian dollar fell to a three-month low after the jobs data, touching $0.6464.
The Swiss franc remains under pressure against the dollar, which rose 0.4 percent to 0.8897 francs. However, the franc held strong against the euro, which was last trading at 0.9371 francs, close to its lowest level in three weeks yesterday, Wednesday.
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get up Dollar to above 156 yen for the first time since July. The euro fell to its lowest level since November 2023 at $1.05310, and the British pound fell to its lowest level against the dollar in four months at $1.2630.
Higher tariffs and stricter immigration procedures are expected to increase under President-elect Trump’s administration Inflationwhich could lower the Federal Reserve’s interest rate Interest rates.
The benchmark yield on ten-year Treasury bonds reached 4.483 percent on Thursday, the highest level since July.
Edison Research predicted yesterday, Wednesday, that Trump’s Republican Party would control both chambers of Congress, giving him broad authority to advance his agenda.
The dollar index, which measures the currency against six major currencies including the euro and the yen, rose 0.3 percent to 106.79, briefly touching 107, its highest peak from early November 2023.
Last night, the cryptocurrency Bitcoin jumped to a new level at $93,480, but it fell for a short time and rose again today, Thursday. Trump promised to make the United States “the cryptocurrency capital of the planet.”
The Australian dollar fell to a three-month low after the jobs data, touching $0.6464.
The Swiss franc remains under pressure against the dollar, which rose 0.4 percent to 0.8897 francs. However, the franc held strong against the euro, which last traded at 0.9371 francs, close to a three-week low yesterday, Wednesday.
