Dollar Index Edges Up 0.06% on Wednesday

The dollar's marginal gain masks a session of notable intraday turbulence, with three V-shaped reversals suggesting genuine two-way flows rather than directional conviction. The brief spike after the Treasury's bond repurchase announcement hints at how sensitive the market remains to supply-side signals, even when the headline move is negligible. The divergence between the ICE and Bloomberg indices—one up, one down—underscores that currency strength is not uniform across measures. What matters next is whether this volatility persists into Thursday's repurchase operation, as it could reveal whether the market is pricing in a shift in Treasury management or merely reacting to headline noise.