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Following Donald Trump’s presidential victory, the US dollar has surged to its highest level in a year. According to data released on Monday, the dollar continued to show strength after rising for six consecutive trading days, buoyed by robust growth in the US economy. The Bloomberg Dollar Spot Index rose by 0.7%, reaching its highest level since November 2023. Traders are betting that Trump’s trade policies will bolster the dollar by putting pressure on major currencies, especially the euro. The euro traded at $1.0657, down 0.6% against the dollar, prompting speculation on whether it could re…

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