Forex
Dollar index climbs to highest level since April 2025
The U.S. Dollar Index jumped to 102.53, its highest since April 2025, extending its rise from the Sept. 9 low of 98.60.
10-year Treasury yields held flat at 5.277%. Analysts linked dollar strength to fiscal concerns in France and political uncertainty in Spain, which are weighing on the euro.
For beginners A currency's value reflects demand relative to others: when political or fiscal risks rise in one region, capital shifts toward assets seen as safer, strengthening the currency of that safer region.