Analysts expect policies to lead Trump Related to increasing customs duties, eliminating illegal immigration and reducing taxes to promote growth andInflation.
The dollar index rose to a four-month high of 105.44 on Wednesday, but then fell for several reasons, including profit-taking.
The dollar rose 0.33 percent during trading today, Friday, to 104.75, and is on track to achieve weekly gains of 0.45 percent.
The US Federal Reserve lowered interest rates yesterday, Thursday, by 25 basis points, as was widely expected.
CME Group’s FedWatch service shows that investors expect 68 percent of another interest rate cut of 25 basis points in December.
The euro fell 0.52 percent to $1.0748 and is on track to suffer weekly losses of 0.8 percent.
The dollar fell 0.21 percent against the Japanese currency to 152.61 yen.
The Chinese yuan fell 0.56 percent to $7.19.
The Australian dollar fell 1.09 percent to $0.6605.
In terms of cryptocurrencies, Bitcoin fell 0.33 percent to $75,719.70, after reaching a record level of $76,980 yesterday, Thursday.
