US dollar surge to wreak havoc on $A, commodities

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login A resurgent US dollar is wreaking havoc across financial markets as traders brace for sweeping tariffs under president-elect Donald Trump which threaten to reignite inflation and keep interest rates higher for longer. The Bloomberg Dollar Spot Index jumped to its highest since November 2022 on Tuesday (Wednesday AEDT), dragging the Australian dollar to US65.

14¢ – just above the lows on the day Trump was elected and near a three-month low. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.



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