美元Friday’s strength set the stage for a strong 2026 and ended last year’s decline against most major currencies. Market attention is now focused on key economic data to be released next week, with investors assessing its potential impact on the Federal Reserve’s (Fed) policy direction and global financial markets.
In late New York trading, the dollar index (DXY), which tracks the dollar against six major currencies, rose 0.24% to 98.48.
Looking back at the dollar’s performance last year, it fell by more than 9% throughout the year, marking its largest annual decline since 2017. The main reasons included the narrowing interest rate differential with other economies, concerns about the risks of the US fiscal and trade wars, and market anxieties about the independence of the Federal Reserve (Fed), and these uncertainties have not yet dissipated.
Trading was thin in the currency markets…