CoinWorld News reports that on January 2 (UTC+8), the first trading day of 2026, the US dollar edged higher, despite being in a weak position after last year’s US Dollar Index recorded its worst year since 2017. Data from LSEG shows that the DXY index, which measures the dollar against a basket of trade-weighted currencies, fell 9.37% in 2025. Concerns over Trump's tariff policies, increased diversification into safe-haven US dollars by investors, and actions to hedge against dollar depreciation all contributed to the dollar's weakness.
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CoinWorld News reports that on January 2 (UTC+8), the first trading day of 2026, the US dollar edged higher, despite being in a weak position after last year’s US Dollar Index recorded its worst year since 2017. Data from LSEG shows that the DXY index, which measures the dollar against a basket of trade-weighted currencies, fell 9.37% in 2025. Concerns over Trump's tariff policies, increased diversification into safe-haven US dollars by investors, and actions to hedge against dollar depreciation all contributed to the dollar's weakness.