The dollar concludes the best months of Trump, supported by the power of the economy

The dollar concludes the best months in 2025, with the continued progress of the world’s largest economy and the signature of President Donald Trump trade agreements. The immediate index of the dollar “Bloomberg” rose 2.5% during July, the first month to have a positive performance since President Donald Trump swore in January last year. While federal reserve officials said growth was delaying, the data this week showed that the US economy grew by 3% during the second quarter, a strong number given the changes in commercial policy. The interest is great, the dollar supports, as Federal Reserve chairman Jerome Powell on Wednesday indicates that interest rates could remain high for a longer period, which contributed to the dollar index rising to reduce the total losses for this year to 7%. The dollar settled on Thursday after a five -day series of profits. Also read: Trump: The best strong dollar .. but the useful decline said Nathan Toufat, the manager of the first portfolio in ‘Manulife Investment Management’: its highlight. “The interest rates now show a possibility of only 40% for the Federal to take a reduction in September, and an 80% probability of movement in October, after seeing steps as confirmed before Powell spoke on Wednesday. See also: The dollar has the highest level in 5 weeks before the expected US data that the dollar recovery is a transformation. Its policy, together with the tax reduction, which was undertaken to expand the US budget deficit, undermined the dollar’s position as an ideal reserve currency. Work report on Friday gives a new lecture on the performance of the US economy. Powell also pointed out that there are different economic reports, including the provision of US stocks in the US livestock, and the eye of the eye on the livestock can change. Market also contributes to the support of the dollar. not happening. Euro or the yen, is Trump’s withdrawal of trade agreements that are in the interests of the United States more than its commercial partners. The euro fell by 3% against the dollar this month, while leaders in the industry in Germany warned that customs duties would make Europe less competitive. You may also be interested in: Trump: The best strong dollar … But its decline is useful, says Brent Donnelli, president of Spectra Markets and Veteran Currency Trader. “The agreement increases the old model of the dominance of the United States. Regardless of how the details analyze, the trade agreement appears to be an embarrassment to Europe.” The yen and the sterling pound were the worst in the tenth group against the dollar in July, as each of the two currencies lost at least 3.5%. As for the Canadian dollar, it was the least descending. In the coming months, the options contract data shows that traders expect modest profits in a transformation compared to Mayo and June, when they bet on further decline.