The USDX continued to hover at two-year highs yesterday, eventually closing up 0.24 per cent at 108.08. Treasury yields rebounded across the board, with the two-year Treasury yield closing at 4.342% and the 10-year yield at 4.593%. As the market heads into the Christmas break, USDX may not have enough momentum to break higher or break lower, so expect USDX to fluctuate between 107.2 and 108.5 this week. Although the dollar is still in a strong position, it may fall in the short term. I think the risk of tariff policy will gradually play out, and at the moment, the market is not too concerned about that, but the risk of tariff policy to the dollar index will be biased to the upside. EUR/USD: 1st support: 1.0393 1st resistance: 1.0406 2nd Support: 1.0388 2nd resistance: 1.0414 GBP/USD: 1st support: 1.2527 1st resistance: 1.2539 2nd support: 1.2524 2nd resistance: 1.2546