The U.S. dollar closed near $990 on December 13, 2024, marking its fourth consecutive increase, driven by disappointing outcomes from a key meeting in China and a softening of other G10 currencies. The dollar's rise was also supported by solid domestic fundamentals and a cautious outlook from the Federal Reserve. Earlier in the day, the dollar had surpassed $980, reflecting market reactions to fiscal policy discussions and a decline in copper prices, which disappointed investors. Overall, the dollar experienced its best week in a month, as market participants remain focused on fiscal developments.
*U.S. DOLLAR SCORES BEST WEEK IN A MONTH ON CAUTIOUS FED OUTLOOK $USD https://t.co/Pmdwht9aFA
Dólar fecha em alta suave com olhares voltados para cenário fiscal https://t.co/PXEeueBDsE
⭕ Actualizamos | Dólar sube por cuarta vez y cierra próximo a $ 990 tras decepcionante cierre de reunión clave en China https://t.co/9vIbSlKSM0