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Dollar stands tall in '24, propped up by cautious Fed, Trump trade
short by System User / on Tuesday, 31 December, 2024
The dollar was firm on the last trading day of the year, poised to clock strong gains in 2024 against most currencies as investors prepared for fewer U.S. rate cuts and the incoming Trump administration's policies. Dollar rise pushes yen to 157.02, down 10% in 2024. Japanese markets closed, low volumes expected for New Year.