The US dollar is rising due to the strong US economic outlook and Trump's weekend tweets 

 The US dollar rose strongly today near the levels of 106.30, compensating for some of last week's losses amid the continued resilience of the US economy.

Trump threatened the BRICS countries that if they create or support a new currency that can replace the dollar, these countries will be subject to tariffs, which will be at 100%.

The markets took these comments as a signal that he would not be a source of pressure on the currency.

It is also expected that jobs will recover in the United States, which will be released by the end of trading this week, as JPMorgan expects to increase jobs by about 270 thousand jobs, with the end of hurricanes and strikes that added about 90 thousand jobs to the payroll.

However, they also expect the unemployment rate to rise to 4.2% and approach the 4.4% rate set by the Fed, which probably leaves the door open for monetary policy easing by 25 basis points this month.

Considering the movements of some currencies against the dollar:-

- We find that the Chinese yuan has taken the matter seriously, touching its lowest level since last July.

- As for the Japanese yen, the dollar-yen pair rose by more than 0.5%, especially with the more hawkish speeches from the governor of the Bank of Japan Kazuo Ueda, who said that the next interest rate increases are approaching in the sense that economic data are on the right track.

- As for the European Euro for the European Central Bank, it is expected that the interest rate will be cut by 25 basis points on December 12 is a given, the markets consider that this is the minimum reduction, and the market indicates a probability of 21% to cut 50 basis points, and therefore it is possible that the European currency will begin to decline after its rise last week.