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(Bloomberg) -- Asian stocks fell with European and US equity futures as traders trimmed bets on Federal Reserve interest-rate cuts after Friday’s payroll data. The pound extended last week’s slump.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersMSCI’s index of Asian

(Bloomberg) -- The dollar is headed for its best year in almost a decade as US economic strength reins in expectations for the Federal Reserve’s rate-cutting cycle and President-elect Donald Trump’s threats of harsh tariffs underpin bullish bets on the currency. Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The Bloomberg Dollar Spot Index rose more than 7% so far this year, the best run since 2015. All currencies in the developed world weakened against the g

Donald Trump's latest tariff threat appears to have stemmed at least in part from a nascent blockchain-based entrant into the influential world of global financial messaging.

The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.

The dollar pushed higher again on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while drawing verbal support from U.S. President-elect Donald Trump. In a surprise change of tone, Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that could replace the dollar or face 100% tariffs. Political uncertainty in France added to pressure on the euro which slipped 0.4% to $1.0532, after bouncing 1.5% last week and away from a one-year trough of $1.0425.

President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed policies will have the opposite effect.

Main Street Asset Management chief investment officer Erin Gibbs discusses whether the U.S. dollar is at risk of losing its world reserve currency status on 'Making Money.'

Currency markets' demand for the U.S. dollar has surged in recent weeks as uncertainty about the outcome of the fast-approaching election mounts, with traders hedging their bets.

(Bloomberg) -- Share futures rallied alongside Asian equities on expectations the Federal Reserve’s half-percentage-point interest-rate cut will guide the world’s largest economy toward a so-called soft landing.Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughAOC Proposes $30 Billion Social Housing AuthorityNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysTo Build a Happier City, Design for DensityPipe Fire Near H

A new analysis by JPMorgan found that despite concern about the erosion of the U.S. dollar's international status, the dollar's dominance is likely to continue in the decades ahead.