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Wealth Tracker: Is the US dollar losing steam from its initial highs?
In recent weeks, the US dollar gains driven by the so-called Trump Trade after former President Donald Trump claimed victory in the US election. That’s as the prospect of quicker US inflation and trade tariffs once Donald Trump returns to the White House boosted the dollar at the expense of other assets. But last week, the US dollar saw a slump, reversing its gains. Has the Trump Trade fizzled out? On Wealth Tracker, Hongbin Jeong speaks to Danish Lim, Senior Investment Analyst, Phillip Nova, to find out more. See omnystudio.com/listener for privacy information.
The skinny
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