Dollar sags to one-week low after safety bid, 'Trump trade' momentum wanes

By CNBC | Nov 20, 2024 at 12:03 AM EST

The U.S. dollar weakened against major currencies after a brief rally post-Trump's election. Bitcoin hit a new high amid expectations of favorable crypto regulations under Trump. Dollar index fell, influenced by geopolitical tensions and uncertainty over Trump's cabinet picks. Fed unlikely to cut rates soon.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.