BEAMSTART Logo

Wall Street sees dollar soaring more, but splits on how much

Business Mirror LogoBusiness Mirror18h ago

Wall Street sees dollar soaring more, but splits on how much - Business Mirror

Quick Summary:

The US dollar’s rally is gaining momentum alongside Donald Trump’s threat of sweeping tariffs, leaving currency strategists in agreement it has further to rise while war-gaming just how far it will go.

Although the dollar strength is far from guaranteed, even with protectionist measures on the table, the magnitude of additional gains may vary depending on counter-stimulative measures from other countries.

Several banks have slashed their forecasts for the common currency since the US election, with many seeing a risk of a slide toward parity against the dollar next year.


More Pictures

Wall Street sees dollar soaring more, but splits on how much - Business Mirror (Picture 1)

or

Article Details

Author / Journalist: Ruth Carson, Alice Atkins & Anya Andrianova | Bloomberg

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 11:56:05 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1104 words

Reading Time: 7 minutes read

Sentences: 27 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23570298

View Article Analysis

About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 78 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Wall Street sees dollar soaring more, but splits on how much" has 1104 words across 27 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Which news outlet covered this story?

The story "Wall Street sees dollar soaring more, but splits on how much" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news.

The outlet is headquartered in Philippines and publishes an average of 78 news stories per day.

It's most recent story was published 14 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23570298
  • URL: https://beamstart.com/news/wall-street-sees-dollar-soaring-17314993091134

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.