US dollar index holds around 98 mark in Asia

The US dollar index is consolidating in a tiny range as geopolitical worries and economic cues remained in focus. The US President Donald Trump has stated that last year was the greatest first year in history for the US. In a speech at the Detroit Economic Club, the US president noted that US prices were down and highlighted that he had inherited terrible growth scenario. World Bank has stated that the US economic growth slowed in 2025 to an estimated 2.1% amid a surge in spending on imported goods early in the year but it is projected to average 2.2% in 2026. The US dollar index is hovering at 98.95 right now, almost unchanged on the day and broadly around six-week high.

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