星球日报|Jan 02, 2026 12:27
[Analyst: The Dollar Edges Higher After a Tough Year]
Odaily Planet Daily News - On the first trading day of 2026, the dollar edged higher, despite the dollar index having its worst year since 2017 last year. According to data from LSEG, the DXY index, which measures the value of the dollar against a basket of trade-weighted currencies, fell by 9.37% in 2025. Concerns over Trump's tariff policies, increased diversification of safe-haven dollar allocations by investors, and heightened operations to hedge against dollar depreciation risks collectively contributed to the dollar's weakness. (Jin10)
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