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The US Dollar Index experienced increased short-term volatility, rising 20 points to the 96.72 level. According to Odaily Planet Daily, the recent performance of the US Dollar Index has been strong, and this upward trend is closely related to personnel adjustments in the Trump administration.
It is reported that the Trump administration is preparing to confirm Kevin Walsh's nomination as Federal Reserve Chair. Walsh is a former member of the Federal Reserve Board of Governors. This personnel appointment is expected to influence the Fed's policy direction, thereby driving the US Dollar Index higher. Market reactions to the confirmation of this candidate have been positive, pushing the US Dollar Index to rise rapidly by 20 points in the short term, ultimately reaching the 96.72 level. This surge indicates that market participants' expectations for future US dollar policy are undergoing adjustments.