The US dollar has been performing quite strongly recently. The dollar index surged to 99.091, reaching a new four-week high with a single-day gain of 0.1%. What's driving this? On one hand, US Treasury yields are rising slightly, which typically attracts capital flows into dollar assets. On the other hand, the market is closely monitoring the upcoming December non-farm employment data, which could play a key role in shaping monetary policy expectations for 2026.
There's also a variable that can't be ignored—the US Supreme Court is about to rule on a tariff-related issue. This involves the question of whether tariffs can be imposed without Congressional approval, and once the ruling comes down, it could have a material impact on exchange rate movements. Currently, investors are waiting to see how this policy standoff ultimately plays out. For those holding dollar assets or monitoring dollar trends, these economic data points and policy developments are worth tracking closely.
The US dollar has been performing quite strongly recently. The dollar index surged to 99.091, reaching a new four-week high with a single-day gain of 0.1%. What's driving this? On one hand, US Treasury yields are rising slightly, which typically attracts capital flows into dollar assets. On the other hand, the market is closely monitoring the upcoming December non-farm employment data, which could play a key role in shaping monetary policy expectations for 2026.
There's also a variable that can't be ignored—the US Supreme Court is about to rule on a tariff-related issue. This involves the question of whether tariffs can be imposed without Congressional approval, and once the ruling comes down, it could have a material impact on exchange rate movements. Currently, investors are waiting to see how this policy standoff ultimately plays out. For those holding dollar assets or monitoring dollar trends, these economic data points and policy developments are worth tracking closely.