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The WSJ Dollar Index Rises 0.16% to 99.95
The dollar settled higher. TD Securities expects the dollar to firm against other G-10 currencies as interest-rate differentials continue to favor the U.S. currency.The Wall Street Journal - World -
Extending Trump’s tax cuts would cost US trillions of dollars in new forecast
The Congressional Budget Office (CBO) projected in a new report that the extension of tax cuts passed as part of former President Trump’s signature 2017 tax law could add trillions of dollars to the nation’s deficits over roughly the next decade. ...The Hill - Politics - Donald Trump -
Dollar Rises on Prospect of U.S. Inflation Staying High, BOE Pointing to Rate Cut
The dollar edged higher as investors become wary that U.S. data next week could show inflation remains elevated, keeping prospects of interest rates having to stay high even after the weaker-than-expected jobs report, ING said.The Wall Street Journal - World