PANews reported on January 28 that the dollar index surged 0.8% to 96.56 points following Treasury Secretary Bessent's reaffirmation of America's robust dollar policy. He emphasized the US has no intention of interfering with the dollar-yen exchange rate currently. Moreover, Bessent suggested that reducing trade deficits would organically bolster the greenback's value. Analysts believe the dollar's swift appreciation reflects Bessent's firm stance on preserving currency strength through non-interventionist measures.
PANews reported on January 28 that, according to Cailian Press, the US dollar index rose briefly, currently up 0.8% to 96.56 points. US Treasury Secretary Bessenter stated that the US consistently pursues a strong dollar policy, and the US will "absolutely not" intervene in the dollar-yen exchange rate at present. He added that a narrowing trade deficit should boost the dollar.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.