The US dollar is on track for its best performance since 2015, driven by a robust US economy and the Federal Reserve’s cautious approach to rate cuts. President-elect Trump’s tariff threats have further bolstered the dollar’s strength, causing widespread weakness in other developed currencies.

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Fed Decision, Food Inflation Shock, and More $4K Gold Predictions
The Fed’s first rate cut since 2020 may arrive today. Meanwhile, grocery bills keep climbing, Hong Kong is rebooting its gold hub, and Deutsche Bank sees $4,000 gold ahead. Here’s what it all means for metals investors.