• Dollar’s Sizzling Rally Cools as Bessent Nominated for Treasury

    Source: Buzz FX / 24 Nov 2024 17:26:09   America/New_York


    (Bloomberg) -- President-elect Donald Trump’s nomination of Scott Bessent to oversee the US Treasury is taking some heat out of the dollar’s recent rally.
    The US currency weakened against all Group-of-10 peers with the euro, pound and Aussi
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