Dollar Index Rises 0.65% to 102.901 in Late New York Trading

The notable detail is not the size of the move but the shape of it: a steady grind higher into the New York close, with the Bloomberg gauge touching a 2025 high before flattening out rather than reversing. That pattern suggests persistent demand rather than a single headline-driven spike, and it matters most for dollar-sensitive assets — emerging-market currencies, gold, and anything priced in dollars — which face the same translation headwind regardless of their own fundamentals. Whether the index holds above the session's opening levels, or gives back the late gain, is the open question for the next session.