Institutional Analysis: With the holiday approaching, the US Dollar Index remains stable, currently reported at 98.01

According to Jinshi reports, institutional analysis suggests that in the light holiday market, the exchange rate of the US dollar against a basket of currencies remains stable due to a lack of new catalysts. The US dollar index is currently basically flat, reported at 98.01. Data shows that the US dollar index DXY has fallen nearly 10% year-to-date. President Trump's trade policy and the Federal Reserve's rate-cutting cycle are the main reasons for the dollar's weakness this year.