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Vasileios Gkionakis, an economist at Aviva Investors, said in a note that the dollar could rise further if U.S. President-elect Donald Trump proposes new trade tariffs. He said the dollar's recent appreciation has been largely driven by economic fundamentals, including strong U.S. economic data and favorable interest rate spreads. The prospect of tariffs is likely to contribute much less to the dollar's rise. This suggests that if these policies are...

2024-11-28 23:07:22