The dollar index remained stable on Wednesday, maintaining a lateral trend throughout the week as investors awaited President Donald Trump's upcoming announcement on tariffs, referred to as "Liberation Data." According to the White House, reciprocal tariffs on countries placing duties on US goods would be implemented immediately. Nonetheless, Treasury Secretary Scott Bessent mentioned that these tariffs would serve as a "cap," giving nations the opportunity to take measures to reduce them. In the meantime, data released on Tuesday indicated that US factory activity experienced a contraction in March for the first time in the current year, accompanied by rising prices for the second month in a row, highlighting the impact of the tariffs. While job openings decreased in February, layoffs remained minimal, suggesting a slowly cooling labor market. Investors now await the ADP employment report on Wednesday and nonfarm payrolls on Friday for additional insights into Federal Reserve policy directions.