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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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. dollar index reached its highest level in over two years on Thursday,
00:05climbing 80 basis points as trading resumed for 2025. Optimism around the U.S. economy
00:11fueled gains supported by low unemployment and resilient growth despite high interest rates.
00:16Analysts highlighted expectations of U.S. dollar bullish policies under a Trump administration
00:22and fewer Fed rate cuts in 2025. Key data ahead includes jobless claims, the ISM report,
00:28and non-farm payrolls. For all things money, visit Benzinga.com slash GSTV.