Here is what you need to know on Thursday, January 2: The US Dollar (USD) Index gained more than 2.5% in December and closed the third consecutive month in positive territory.
Here is what you need to know on Thursday, January 2: The US Dollar Index gained more than 2.5% in December and closed the third consecutive month in positive territory. The index stays in a consolidation phase slightly below the 26-month top it touched above 108.50 on the last day of 2024. The US economic calendar will feature weekly Initial Jobless Claims and theChallenger Job Cuts data for December.
00 following the Christmas break, USD/JPY corrected lower toward the end of the year. The pair stays on the back foot in the European morning and was last seen losing about 0.3% on the day below 157.00.
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