The dollar is on its way to a best year for almost a decade thanks to the strength of the US economy, which has reduced expectations over the course of reducing interest rates by the federal reserve, as well as the threats of president -election Donald Trump to impose strict customs definitions, which reinforce the bets of the currency. The Bloomberg Instant Dollar Index has increased by more than 7% since the beginning of the year, which is the best annual performance since 2015. All currencies of developed countries have fallen against the dollar with other central banks forced to support their local economies. “This may mean that the Federal Reserve is prone to a limited reduction cycle that holds interest rates in the United States higher than its peers, which helps maintain the high historical dollar’s dollar judgments.” The dollar index reached its strongest level in more than two years earlier in the month when it lowered the “Federal Reserve” interest rates, but indicated that it was slowed down in the rate of cash facilitation. However, while “Wall Street” bets on the possibility that the dollar is more in 2025, global economic growth can improve later in the year, supporting other currencies and pushing the dollar. The currencies fall against the dollar so far in 2024, the Norwegian yen currencies and the New Zealand dollar were one of the worst achievement in the ten group, and each fell by more than 10% against the green currency to December 27. What the euro has decreased, it has dropped the possibility of European Currency to the level of the parity of the doll. The non -commercial traders gradually strengthened their bets on the rise of the dollar before and after the US election. They now have contracts that race on the increase in the green currency of about $ 28.2 billion, which is the highest level since May. ‘Goldman Sachs’ analysts, led by Kamakchia Trevidi, wrote in a memorandum on December 20:’ The power of the current dollar is in line with the data received, and we do not believe that the markets have fully incorporated our expectations on customs tariffs, and that the risks of our expectations are more sustainable.
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