Dollar emerged as the best performer last week, fueled by hawkish remarks from Fed Chair Jerome Powell. The greenback's surge raises questions: is this merely a recovery from recent losses, or the beginning of a new uptrend? While Dollar gains support, rising risk-on sentiment in the markets seems to limit its ascent. On the other hand, the potential for a bounce in treasury yields could bolster Dollar's position. The tug-of-war between bullish and bearish forces could continue, and it remains uncertain which one will ultimately prevail.