The US dollar has been strengthening due to Donald Trump's policies and announcements. Here are some key updates ¹ ² ³:

- *Dollar Strength*: The dollar rose by about half a percentage point to 144.44 yen and 0.8275 Swiss francs after Trump announced a potential "major trade deal".

- *Trade Policies*: Trump's proposed tax cuts and tariffs are expected to boost US economic growth, drive inflation, and prompt higher Federal Reserve interest rates, making the dollar more appealing.

- *Market Impact*: The dollar index hit a one-year high, rising 0.43% to 106.44 after Trump's Republican Party gained control of both houses of Congress, enabling him to push his agenda.

- *Currency Fluctuations*: The euro fell to a one-year low, while the dollar surged against nearly every global currency, with the yen dropping below 155 per dollar.

- *Investor Sentiment*: Investors are reacting to Trump's policies, with some expecting further gains in the dollar due to his proposed tariffs and tax cuts.

Keep in mind that currency markets can be volatile, and the dollar's value may fluctuate based on various economic factors and policy decisions.