The US Dollar is one of the best performers among major currencies on Monday.
However, when the markets reopen on Monday after today's Independence Day in the US, the labour market is likely to be long forgotten. Last night, Donald Trump scored another victory: Congress finally approved his Big Beautiful Bill, which he is expected to sign today.
US Dollar (USD) traded mixed overnight, with losses seen vs. TWD, THB and precious metals but traded largely firmer against most currencies including GBP, AUD, NZD and MYR. DXY was last at 96.83 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.