The U.S. dollar has experienced volatility in the foreign exchange market, hitting a two-week low amid uncertainty surrounding tariff policies proposed by the new Trump administration. Reports indicate that traders are closely monitoring Trump's plans, which have contributed to the dollar's decline below the $1.00 mark. In contrast, the S&P 500 index has shown resilience, reaching record highs, with a 0.6% increase on January 22 and closing at a peak the following day, gaining 408 points. The market's reaction reflects optimism regarding potential interest rate cuts advocated by Trump, despite the dollar's slight dip in response to these developments.