💨 Abstract

The U.S. dollar strengthened for a third straight session on Thursday due to elevated Treasury yields and concerns over tariffs under the incoming Trump administration. The resilient economy and potential tariffs have rekindled inflation concerns and heightened expectations of a slower pace of interest rate cuts by the Federal Reserve. The dollar index rose 0.12% to 109.15, with the euro down 0.16% at $1.0

Courtesy: theprint.in

Summarized by Einstein Beta 🤖