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 America Blew Almost $2 Trillion. Make It Stop: Kathryn Edwards READ MORE Citi's Bullish Forecast for $3,000 Gold in 2025 READ MORE ECB Hints at Future Rate Cuts, Distances Policy from U.S. Federal Reserve READ MORE Fed Officials Debate Future of Goods Price Declines Amid Inflation Fight READ MORE Gold Poised for Third Quarterly Gain as Investors Await US Inflation Data READ MORE Add a Comment Cancel replyYour email address will not be published.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