💨 Abstract

The dollar is set for its best weekly gain in over a month, driven by reduced expectations of Federal Reserve rate cuts and anticipation of inflation from President-elect Trump's policies. The euro and sterling are on track for their worst weekly performances in months. The yen continues to weaken, with the possibility of intervention from Japanese authorities. The U.S. dollar is expected to see further gains in the near term.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖