Analysts predict that the recent strengthening of the greenback may impact Europe positively and negatively, as the major currencies of the bloc are expected to weaken further in 2025 due to President-elect Donald Trump’s inauguration and ongoing economic uncertainty. The U.S. dollar index reached a two-year high following a strong jobs report, but subsequently dropped slightly. By Tuesday morning, the index was down to 109.59 after hitting 110, its highest level since November 2022.
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19-year-old former DOGE worker assaulted in DC carjacking attempt, say police
Two 15-year-old suspects have been arrested for an attempted unarmed carjacking in Washington, D.C., during which 19-year-old Edward Coristine, a former employee of the Department of Government Efficiency under Elon Musk, was assaulted. The incident occurred while Coristine and a woman were near their vehicle; he was reportedly injured while trying to defend her, prompting President Trump to criticize crime in the city. Want More Context? 🔎
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