The dollar continues its gains, supported by positive economic data and anticipation of central bank decisions.

The U.S. dollar maintained its gains on Tuesday, February 3, 2026, buoyed by the release of strong economic data and a shift in investor expectations regarding the monetary policy of the U.S. Federal Reserve, while navigating concerns over a potential new government shutdown.

Stability of the Dollar Index and Limited Movements in Major Currencies

The dollar index, which tracks the performance of the U.S. currency against a basket of major currencies, remained virtually stable at 97.50 after two consecutive days of gains.

In the foreign exchange market, the euro climbed 0.1% to $1.1804, the Japanese yen also increased by 0.1% to 155.53 against the dollar, and the British pound recorded a slight uptick of 0.1%, rising to $1.3676.

Australian and New Zealand Dollars Rise Ahead of Monetary Decisions

The Australian dollar gained 0.3%, reaching $0.6965 ahead of the announcement of the interest rates by the Reserve Bank of Australia, the first of three expected decisions this week from major central banks.

The New Zealand dollar also advanced by 0.3% to $0.6017, supported by a renewed appetite for risk in the markets.

Yen Under Pressure

In Japan, the yen remains relatively weak despite attempts by Finance Minister Satsuki Katayama to downplay previous statements made by the Prime Minister, which hinted at some advantages of a weak currency, comments that had ignited a widespread debate in the markets.