#DollarRally110
The dollar index surpassing 110 reflects a renewed strength in the US dollar, driven by strong economic performance and the Federal Reserve's tightening policies.
This reinforces the dollar's role as the global reserve currency, increasing the purchasing power of the US and benefiting economies that rely on imports.
However, it also creates significant challenges globally, particularly for emerging markets, by increasing the cost of dollar-denominated debt and causing capital outflows.
