Supreme Court Boosts Dollar Outlook with Trump Immunity Ruling The US dollar has strengthened following a Supreme Court ruling that grants former President Donald Trump partial immunity from criminal charges related to the 2020 election. This decision reduces the likelihood of a trial before the November presidential election, increasing the perceived chances of a second Trump term. Traders anticipate that Trump’s potential trade policies could further support a stronger dollar. The ruling’s impact on the dollar is already evident, with the currency reaching its highest level since November and putting pressure on other global currencies, particularly the Japanese yen. Analysts suggest that Trump’s potential inflationary policies could lead to a halt in Federal Reserve rate cuts, further bolstering the dollar. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Golden January: Historical Trends Suggest a Shiny Start to 2024 READ MORE The 21st Century Gold Rush: A Barometer of Global Unease READ MORE High Prices Dampen Gold Demand at India's Akshaya Tritiya Festival READ MORE Elections and Political Uncertainty – Critical drivers of Gold Demand and the Gold Price READ MORE Copper Prices Surge as Short Squeeze Sparks US Metal Rush READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment