The U.S. Dollar had strong gains against various major currencies in 2016. Clarity surrounding the Fed’s decision to start raising rates along with anticipated growth expectations from Trump’s policies have catapulted the dollar. Both the anticipation of higher rates and a growing economy can help send currencies higher. The dollar is up over 20% versus the Mexican peso, 4.5% versus the euro, 20% versus the British pound, and up 7.25% versus the Chinese yuan.

Source: Bloomberg, Federal Reserve

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