The US dollar has remained resilient, rallying 7% since October 2024, buoyed by expectations surrounding Trump's economic policies and their influence on the Fed's monetary stance. The greenback is demonstrating renewed strength against most foreign currencies, with the USD index nearing 2023 highs.
Yeap Junrong, Market Strategist at forex provider IG joins us to share his insights into historical seasonal patterns, the impact of a potential Fed rate cut, and the outlook for key currency pairs, including USD/JPY and USD/SGD.