Non-Farm Payroll Data and Tariff Ruling Dual Pressure, Dollar Index Hits Four-Week High

Odaily News U.S. Treasury yields edged higher, while the dollar strengthened ahead of the release of the U.S. December Non-Farm Payrolls data. Fadi Al Kurdi of FFA Kings stated in a report that this data "could be crucial in shaping monetary policy expectations for 2026." He noted that any significant deviation from expectations could inject volatility into the currency and bond markets. Meanwhile, markets are awaiting an upcoming ruling from the U.S. Supreme Court on whether former President Trump can invoke the International Emergency Economic Powers Act to impose tariffs without congressional approval. The U.S. Dollar Index rose 0.1% to 99.091, reaching a new four-week high. (Jin10)