According to Odaily Planet Daily, the US dollar has remained stable in an environment of insufficient liquidity. Many traders are still on holiday during the festive period, and there are no important data releases on the US economic calendar on Friday.
Since Trump won the presidential election on November 5, the US dollar index has risen by more than 4%. Proposed policies by Trump, including trade tariffs and tax cuts, are expected to push up inflation and limit the Federal Reserve's room for interest rate cuts.
Data shows that the market expects the Federal Reserve to further cut interest rates by 36 basis points by December 2025.