Dollar Index Holds Steady Above 99.50 as Safe-Haven Demand Persists
The US Dollar Index (DXY) has maintained its stability above 99.50, driven by ongoing safe-haven demand stemming from global trade tensions and tariff uncertainties.
This persistent demand for the dollar is fueled by investors seeking a liquid and reliable store of value in times of market stress.
The index's ability to stay above 99.50 suggests that safe-haven demand outweighs headwinds, including expectations of looser policy from the Federal Reserve.