US Dollar Index Surges Past 100 as Payrolls Boom and Global Risks Mount: A Rally Fueled by Strong US Data and Rising Geopolitical Tensions
The US Dollar Index (DXY) has surged past 100.00, driven by stronger-than-expected US non-farm payrolls data and rising geopolitical tensions worldwide. Robust job growth supports expectations of tighter Fed policy, while global risks boost demand for the dollar as a safe haven.
