The dollar is benefiting from U.S. exceptionalism and entering the new year on a high. Most signs point to more strength ahead.
Like Pat Gelsinger, Boeing’s Kelly Ortberg is a technically minded leader tasked with rescuing a storied American manufacturer damaged by bean counters.
Spreads between French and German government-bond yields remained elevated as investors worry that a newly-formed government in Paris could still fail to attract sufficient support for a budget that would reduce the country’s deficit, Swissquote Bank said.
The dollar was slightly weaker as investors adjusted portfolios at the end of the year and booked profits after the currency’s stellar gains in 2024, particularly since Donald Trump’s election victory.