Dollar bulls emboldened by Donald Trump’s win are entering a month that has historically punished the greenback.
The US dollar’s rally is gaining momentum alongside Donald Trump’s threat of sweeping tariffs, leaving currency strategists in agreement it has further to rise while war-gaming just how far it will go.
Treasury yields fell sharply and the dollar weakened as investors pared bets on Republican Donald Trump prevailing in Tuesday’s US election.
The dollar will surprise by getting stronger next year as the US economy outperforms, according to some of the world’s biggest money managers.
