Trump, Powell and Dollar
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Fed, Dollar and Stokes Market
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By Saqib Iqbal Ahmed NEW YORK (Reuters) -Large U.S. multinationals should soon start showing the positive effects of the dollar's tumble in recent months, reversing the situation in the past few years when the greenback's strength hurt companies with significant foreign revenue.
The Trump administration’s trade policies, concerns over the growing national debt and the shrink
Don't look now, but the dollar has been making a reversal even as the market remains risk-on. The U.S. Dollar Index is up for the 9th straight trading day and is on pace for its longest winning streak since Oct.
Discount store chain operator Dollar General's finance chief Kelly Dilts will step down next month after a little over two years in the role, the company said on Wednesday.
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The S&P 500 closed the week in positive territory, marking another strong performance near record highs. Read more here.
It seemed that nothing could end the U.S. currency’s reign as the “safe-haven” for financial markets. Then came the Trump tariffs.
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Free Malaysia Today on MSNDollar Rides Treasury Yields Higher as Trump's Tariffs Begin to BiteSINGAPORE (Reuters) -The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices.