The U.S. dollar index stabilized today after recent declines, with markets paying close attention to developments in U.S.–China trade relations. The currency is being pressured by expectations of U.S. rate cuts and safe-haven flows into assets like gold and the yen. Commentary from Fed officials and trade negotiators will be key drivers in the near term. Investors remain cautious given the ongoing U.S. government shutdown and its effects on data flows and liquidity dynamics across global markets.