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The U.S. dollar's strength pressures the pound, euro, and yen as tariff speculation rises with Trump's upcoming presidency.
Major central banks enacted significant rate cuts in December, marking the largest easing push for 2024 since 2009.
The U.S. dollar trades near a one-week low, influenced by speculation over President Trump's tariff strategy and its potential economic impact.
The offshore yuan has fallen to a two-year low against the US dollar, increasing downward pressures on other Asian currencies amid global uncertainties.
The yuan reaches a two-year low as pressure mounts on Asian currencies due to a strong US dollar and uncertainties in global trade.
The U.S. dollar begins 2025 on a high note, while the yen approaches its lowest level in five months amid market uncertainties.
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