Dollar Trades Steady, Likely to End 2024 Near 2-Year High


The dollar was trading steady in holiday-thinned trade as many traders are away from their desks ahead of New Year.

After strong gains throughout the latter half of the year, the greenback looks set to end 2024 close to a two-year high against a basket of currencies.

The U.S. currency has risen sharply due to a strong U.S. economy and expectations that further interest-rate cuts by the Federal Reserve will be limited.



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