In December, the US dollar rallied to its highest level in over two years. Its growth was fueled not only by the pledges and plans of Donald Trump, who will take office as US President on January 20.
Apart from bold Republican slogans, the greenback has been propped up by the resilience of the US economy. Its health fills the dollar with yield and keeps its exchange rate elevated.
Let’s take a look at the economic reports that will kick off the new year of 2025 and how they might affect forex instruments and oil prices.
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