⚠️ CRITICAL BREAKOUT: Dollar Index Hits Highest Level Since Dec 10
The greenback is starting 2026 with a vengeance. The U.S. Dollar Index ($DXY) has officially surged to its highest level since December 10, currently hovering near the 98.90 mark.
After a volatile end to 2025, the dollar is reclaiming its throne. Here is what’s fueling the "January Jump":
Labor Market Resilience: December job data showed incredible staying power, cooling down expectations for early rate cuts.
Safe Haven Demand: Rising geopolitical tensions in South America have investors flocking back to the world’s reserve currency.
The "Fed Hold": Markets have pivoted, with a 90% probability that the Fed keeps rates steady for now, making the USD the high-yield play of the G10.
Trade Surplus Strength: A narrowing trade deficit is providing the fundamental backbone this rally needs.
🔍 The Big Catalyst Today
The December Nonfarm Payrolls report drops today. If we see a number north of 60,000, expect $DXY to challenge the psychological 99.30 resistance level.
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