💨 Abstract

The US dollar strengthened on Thursday due to rising Treasury yields and uncertainty over possible Trump tariffs. Analysts expect Trump's policies to boost growth but increase inflation. The pound and euro were pressured, with the pound reaching its weakest level since November 2023. The yen edged up from recent lows. Bond market sell-off drove dollar strength, which overshadowed other currencies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖