Global investors have driven the US dollar to its highest value in over a year, citing the appeal of the artificial intelligence boom and potential higher interest rates as reasons. This move contrasts with concerns about President Donald Trump’s economic policies, particularly his stance on the dollar and tariffs. Investors are weighing these factors amidst criticism of Trump’s governance style, which some argue is eroding the US economy’s value.
Source: https://www.washingtonpost.com/business/2026/06/28/dollar-rises-ai-boom-fed-shift-despite-trump-impact