The U.S. dollar was gaining early Tuesday ahead of the stock market open.
The dollar index, a gauge against a basket of currencies, added 0.3%. The dollar rose to $1.0462 against the euro and to 151.8 yen.
As the U.S. returns to the office after a long weekend, the usual drivers of the possibility of tariffs, and an extended interest-rate pause from the Federal Reserve, and the U.S.’s better economic performance than others is keeping the greenback strong.
Nevertheless, the dollar is still lower than it was before President Donald Trump delayed tariffs against Mexico and Canada and pushed back reciprocal tariffs on other imports. The dollar index touched 110 in January; it’s now at about 107.
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