The US dollar has experienced fluctuations over the past few days. Initially, the dollar rally stalled, giving the Japanese yen some respite. This was followed by a rise in gold prices to a one-week peak due to a softer dollar. However, the dollar later edged higher, influenced by political appointments under former President Trump and safe-haven bids. The dollar's recovery continued, driven by investor anticipation of Trump's policy cues. Despite a three-day slide, the dollar snapped back, with investors awaiting Trump's Treasury Secretary nomination. Sterling also gained, supported by CPI data. The dollar's movements were also influenced by global tension.