US Treasury Secretary Bessenter reaffirms commitment to strong dollar policy as dollar index rises

The US dollar index experienced a 0.8% increase, currently at 96.56 points.

Treasury Secretary Bessenter reaffirmed the US’s dedication to maintaining a strong dollar policy.

There are no intentions to intervene in the dollar-yen exchange rates at this time.

An anticipated reduction in the trade deficit could lead to additional strength for the dollar.