The US dollar is experiencing upward momentum at the start of December, supported by political instability in France and threats from US President-elect Donald Trump regarding potential tariffs related to BRICS countries. The dollar has risen against all G10 currencies and nearly all emerging market currencies. Reports indicate that the dollar reached levels close to $980 amid these developments. However, by December 3, the dollar began to decline, trading near $970 as copper prices surged above $4.2 per pound, driven by expectations of stimulus in China. The French government is reportedly on the verge of collapse, complicating the political landscape in Europe.
⭕ Actualizamos | Dólar cierra a la baja cerca de $ 970 ante el repunte del cobre por expectativas de estímulo en China https://t.co/CS0lFMtVwU
⭕️ Actualizamos | Dólar transa a la baja cerca de $ 970 ante el repunte del cobre por expectativas de estímulo en China https://t.co/CS0lFMtVwU
⭕ Actualizamos | Dólar cae a niveles de $ 970 y toca mínimos de la sesión a medida que el cobre gana terreno sobre US$ 4,2 por libra https://t.co/CS0lFMtVwU