#BreakoutTradingStrategy

📌 The US dollar rose on Thursday as markets calmly handled the latest wave of tariffs imposed by President Donald Trump, except for Brazil, where threats of a 50% tariff caused a significant drop in the value of the real.

📌 The dollar index, which measures the performance of the US currency against six major currencies, rose by 0.52% to 97.887 after having declined by 0.2% on Wednesday, the day it touched its highest level since June 25 at 97.837 before losing momentum.

📌 The euro fell by 0.47% to 1.167 dollars, while the British pound dropped by 0.4% to 1.354 dollars.

📌 Against traditionally safe currencies, the dollar rose by 0.3% to 146.735 yen, and increased by 0.54% to 0.798 Swiss francs.

📌 The dollar had faced pressure earlier due to a sharp decline in US Treasury yields after a strong demand was seen in a 10-year bond auction on Wednesday, which alleviated investor concerns regarding the 'Sell America' narrative that had earlier this year led to heavy selling of bonds, the dollar, and US stocks.