The US dollar has experienced a significant surge in strength over the summer, with a 13% increase compared to 2021. This rise, as measured by the Fed's advanced foreign economy dollar index, has been attributed to various factors, including the actions of the Federal Reserve.
Recent political developments, such as shifts in presidential polling favoring former President Donald Trump, have also impacted the dollar's trajectory. Trump's potential win in the upcoming election could lead to the preservation or expansion of tax cuts and increased tariffs, influencing market dynamics and bond volatility.
