Dollar Defies Trump Turmoil, Rises on Strong US Economy & Fed Path Focus

• US Dollar shows surprising resilience, overpowering geopolitical turmoil caused by President Donald Trump.
• Strong US economy and job market data cast doubt on deep Federal Reserve interest rate cuts.
• Currency traders largely ignored Trump's actions regarding Venezuela and other countries.
• Wall Street forecasters found it difficult to predict market direction in the Trump era.
• Despite high speculative bets against it, the dollar bounced back due to eased job market slowdown worries.

Why It Matters: Strong US economy and job market are driving dollar's resilience, defying political turmoil and predictions.