Why US dollar so strong ? – Weekly Trends – 6 September 2023

US Dollar Index already reach 105.026, raised from 99.512 at 18-07-2023 , Why US Dollar Index Sooo Strong ?  I think there’re some reasons : 

1.  USA’s economy  is getting better, the ISM non-manufacture PMI  54.5 , prev value 52.7 , market forecast value 5.25 ,  2 larger,  we can see that the USA’s  economy still heathy. 

2. The SPX index keep raising. 

3.  The US-bond yield keep raising, which coincide the long-term interest expected higher.  

4.  very weak trend on AUD/USD , EURUSD, GBPUSD 

I think the US Dollar Index is still not the peak.   how about your opinion ? let’s discuss .