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Fortune
Fortune
Jason Ma

The dollar will stay strong if the world keeps 'shoveling all of its savings' into US stocks, strategist says

United States Donald Trump Mohamed ElErian Bloomberg TV
(Credit: Getty Images)
  • The booming U.S. stock market will help keep the dollar expensive as global investors pour money into America, a foreign exchange strategist said. But the politics of any trade deals that the incoming Trump administration might negotiate are a wild card.

The dollar surged against global currencies last year and looks to remain strong in 2025 if global investors continue pouring money into the booming U.S. stock market, according to Societe Generale chief foreign exchange strategist Kit Juckes.

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