The US dollar starts the North American trading week on firmer footing

The US dollar opened the North American session firmer, with USD/JPY leading gains after bouncing from a swing level near 160.446 and reclaiming the 100- and 200-hour moving averages. The pair is trading around 162.30 after last week’s push to its highest level since 1986. EUR/USD and GBP/USD are softer but more contained, while the day’s main catalyst is the U.S. ISM Services PMI, expected to ease slightly to 54.0 from 54.5. The article frames the move as a technical and macro-driven dollar advance, supported by relatively steady U.S. growth expectations and an event-heavy session of Fed/ECB/BoE speakers. Broader markets are mixed, U.S. yields are lower, crude is slightly down, and gold/silver are sharply higher, underscoring a risk backdrop that is not uniformly dollar-positive but currently favors USD strength versus major G10 peers.