The dollar gained, rounding out its biggest two-day rally since April, as precious metals extended their slump and US manufacturing data came in unexpectedly strong. The world’s primary reserve currency rose against all of its major peers Monday, and a Bloomberg dollar gauge appreciated about 1.2% over the past two sessions. That’s the most since the aftermath of President Donald Trump’s rollout of sweeping tariffs 10 months ago roiled markets. The dollar rebound from near a four-year low may have caught some investors off guard, given shorting the greenback was one of the most popular macro trades last month. Until the end of last week, Trump’s threats to acquire Greenland and his apparent acceptance of the currency’s selloff had fueled debate around the greenback’s long-term decline. Jayati Bharadwaj, Director of FX Strategy at TD Securities, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.