The US Dollar could see heightened volatility this week as political developments potentially drive its next moves. Former President Donald Trump might hold a pivotal role, with ongoing legal battles and campaign rhetoric likely influencing market sentiment. Traders are closely monitoring these events as they assess their implications on U.S. economic policy and geopolitical risks.
Source – FXStreet
Recent dollar strength has been underpinned by resilient U.S. economic data and hawkish Federal Reserve commentary, but political uncertainty adds a new layer of complexity. Analysts suggest that Trump’s legal challenges could weigh on investor confidence, while his campaign’s stance on trade and fiscal policy may shift expectations for the currency. Market participants remain cautious as they await further clarity.
