USA: Index DXY Rises to 4-Week High.

The US dollar index rose to 98.67 on Wednesday, its highest in four weeks, as investors weighed mixed economic signals and the Federal Reserve’s likely rate path amid ongoing geopolitical tensions. Markets continue to expect at least two interest-rate cuts this year. On the employment front, ADP private-sector payrolls rose by 41,000 in December, below the 50,000 median forecast, while JOLTS job openings for November were also weaker than expected, pointing to softer labor demand. However, the ISM services index for December rose unexpectedly, with its employment component expanding for the first time since May, suggesting resilience in the service sector. Traders now await Friday’s broader Labor Department employment report for clearer guidance on the labor market and Fed policy. Geopolitical concerns, including US actions in Venezuela, tensions over Greenland, and rising friction between China and Japan, also supported demand for safe-haven assets, helping lift the dollar.