The dollar was hovering near a more than two-year high at the start of a pivotal week on Monday, as Donald Trump re-enters the White House with an inauguration speech that will be of primary focus for investors hoping to decipher his immediate policies.

Global markets await BoJ decision and Trump’s policies. USD/JPY and AUD/USD trends hinge on central bank moves and macroeconomic shifts.

Vice President-elect JD Vance hosted a top-dollar fundraiser in Palm Beach, Florida that attracted some of the top figures and donors in President-elect Trump’s political orbit.

The dollar held gains against the yen on Friday, but ended the week lower after a six-week winning streak, as investors await Donald Trump's presidential inauguration and clarity on the course of the incoming administration's policies.

The dollar was rising, rebounding slightly after recent falls. Investors are looking ahead to U.S. President-elect Donald Trump's inauguration on Monday and the prospect of tariffs and growth-boosting measures such as tax cuts.