U.S. Dollar Index Hits Two-Year High Amid Optimism for 2025 Economic Growth and Trump Policies

Benzinga 2025-01-03

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the U.S. dollar index reached its highest level over two years on Thursday, climbing 80 basis points as trading resumed for 2025. Optimism around the U.S. economy fueled gains, supported by low unemployment and resilient growth despite high interest rates. Analysts highlighted expectations of USD-bullish policies under a Trump administration and fewer Fed rate cuts in 2025. Key data includes jobless claims, the ISM report, and nonfarm payrolls.

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