MARKET OUTLOOK - Dollar Rises After Trump's Threats to BRICS Nations
Forex - The dollar has risen following US President Donald Trump's threat to impose a 100% tariff if BRICS countries create a new currency to compete with the dollar. Deutsche Bank analysts stated that Trump's comments on social media on Saturday "indicate that the strength of the dollar is a theme of the new administration." This situation contrasts with Trump's first term as president, where he advocated for a weaker dollar.