As of Monday, May 12, 2025, the US dollar index has reached a one-month high, trading near 101.35, based on renewed optimism following a significant easing in US-China trade tensions.

Over the weekend, the US and China reached a preliminary agreement in Geneva to reduce mutual tariffs for a period of 90 days. The US will reduce its tariffs from 145% to 30%, while China will reduce its tariffs from 125% to 10%. The developments have eased fears of a wider trade war and boosted investor confidence.     more information click here