Dollar Gets Extra Boost as Supreme Court Ruling Signals US Currency Has Room to Run

-- The dollar’s advance following a crucial Supreme Court ruling highlights the potential for further gains in the US currency in case of a second Donald Trump presidency.BlackRock Deal to Make Preqin’s Founder Richer Than Larry Fink

“If Trump pushes ahead with some of his huge tariffs, that is inflationary,” said Jane Foley, head of currency strategy at Rabobank in London. “That could mean that the Federal Reserve’s rate cutting cycle comes to a halt very fast — that would be dollar supportive.” “Probability markets have moved more in favor of Trump recently, which we think should help keep a floor under the dollar in the second half given tariff and trade policy risks,” analysts at JPMorgan Chase & Co. led by Meera Chandan, co-head of global FX strategy, wrote in a June 28 note.

The yen fell as much as 0.5% to trade at 161.73 for a dollar Monday, taking this year’s decline to about 13%. Local authorities said they are watching the speed of the slide and are ready to step in if needed.RTO Mandates Are Killing the Euphoric Work-Life Balance Some Moms FoundJustice Thomas Goes Rogue on Trump Immunity Case, Pushes to Ditch Special Prosecutors

A year ago, she drank battery acid to escape life under the Taliban. Today, she has a message for other Afghan girls In addition to their track record of yielding solid returns in the long run, the strong fundamentals of these two Canadian Stocks make them attractive buy-and-hold forever stocks for TFSA investors. The post 2 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.ISLAMABAD — The Taliban on Sunday told the West to look past the measures they have imposed on Afghan women and girls for the sake of improving foreign relations.

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