DXY升至98.95，为2025年6月以来的最高水平。在过去的4周里，美元指数上涨了2.12%，在过去的12个月里，它下跌了5.3%。

DXY increased to 98.95, the highest since June 2025. Over the past 4 weeks, Dollar Index gained 2.12%, and in the last 12 months, it decreased 5.3%.

西卡上半年业绩受美元疲软影响。周二，瑞士建筑化学品制造商西卡（Sika）公布了更为谨慎的全年销售指引，此前美元走弱对该公司上半年的销售额和利润造成了压力。

Sika first half results hit by dollar weakness.Sika gave a more cautious full-year sales guidance on Tuesday after a weaker dollar weighed on the Swiss construction chemical maker's first-half sales and profit.

周二，10年期美国国债收益率徘徊在4.4%左右，标志着连续第四个交易日几乎没有波动，因为投资者正在等待美联储的政策决定。人们普遍预计美联储周三将保持利率不变，尽管市场将密切关注任何表明9月份可能降息的信号。焦点还将放在即将发布的个人消费支出报告上——这是美联储首选的通胀指标——以寻找关税如何影响价格压力的线索。本周还将公布一系列劳动力市场数据，周五备受关注的月度就业报告达到高潮。与此同时，在美国和欧盟周末达成协议，对大多数欧盟出口产品征收15%的关税后，贸易发展继续引起人们的关注。该协议被视为对美国经济极为有利。

The yield on the 10-year US Treasury note hovered around 4.4% on Tuesday, marking its fourth straight session of little movement as investors awaited the Federal Reserve’s policy decision. The Fed is widely expected to keep interest rates unchanged on Wednesday, though markets will be closely watching for any signals pointing to a potential rate cut in September. Focus will also be on the upcoming Personal Consumption Expenditures report—the Fed’s preferred inflation gauge—for clues on how tariffs may be impacting price pressures. A slew of labor market data is also on tap this week, culminating in Friday’s closely watched monthly jobs report. Meanwhile, trade developments continued to draw attention after the US and European Union reached a weekend agreement that imposes a 15% tariff on most EU exports. The deal is viewed as disproportionately favoring the US economy.

周二，美元指数在上一交易日上涨1%后，稳定在98.6上方，主要受新的美国-欧盟贸易协定被视为有利于美国经济后欧元疲软的支撑。该协议对欧盟商品征收15%的关税，引起了欧洲领导人的严厉批评。法国称该协议不平衡，而德国总理默茨警告称，这可能会对德国经济造成重大损害。特朗普总统周一还重申，拒绝谈判单独贸易协议的国家可能面临15%至20%的关税，远高于4月份设定的10%的税率。与此同时，人们普遍预计美联储将在周三的政策会议上保持利率不变，尽管投资者将密切关注9月份可能降息的信号。市场参与者也在等待本周的关键经济数据，包括个人消费支出通胀报告和非农就业人数，以获取有关美国经济健康状况的进一步线索。

The US dollar index held firm above 98.6 on Tuesday, after rising 1% in the previous session, supported largely by euro weakness following a new US-EU trade agreement seen as favoring the US economy. The deal, which imposes a headline 15% tariff on EU goods, drew sharp criticism from European leaders. France called the agreement unbalanced, while German Chancellor Merz warned it could cause significant harm to the German economy. President Trump also reiterated on Monday that countries refusing to negotiate separate trade deals could face tariffs ranging from 15% to 20%, well above the 10% rate set in April. Meanwhile, the Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting on Wednesday, though investors will be watching closely for signals of a possible rate cut in September. Market participants are also awaiting key economic data this week, including the PCE inflation report and nonfarm payrolls, for further clues on the health of the US economy.