TREE NEWS reports: The Bloomberg Dollar Index rose 0.15% to 1,221.86 on Thursday, with an intraday range of 1,216.91 to 1,222.03, after climbing steadily from 15:01 Beijing time. The ICE Dollar Index ended flat at 101.565, trading between 101.195 and 101.706, hitting a session high of 101.706 at 22:38 before retreating below 101.4 as US semiconductor and AI stocks were sold off.
Bloomberg Dollar Index Rises 0.15% as ICE Dollar Index Ends Flat
The divergence between the two dollar gauges is the real signal here: the Bloomberg index firmed while the ICE index finished unchanged, suggesting the move is narrower than a broad dollar bid. The timing matters, with the ICE gauge retreating as US semiconductor and AI stocks sold off, a reminder that dollar direction is increasingly entangled with the tech trade rather than rate expectations alone. Whether that equity-driven pullback persists, or the Bloomberg measure's steadier climb proves the truer read, is the open question worth watching.
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