The dollar wiped out this year's losses over the past 2 months following a barrage of strong economic data

• The dollar has surged over the past two months thanks to strong economic data.
• One gauge of the greenback's strength has rallied 5% since July 13.
• The buck recently hit a six-month high, with inflation cooling and the jobs market staying strong.

The dollar has enjoyed a remarkable turnaround over the past two months, wiping out all of its losses for 2023 following a slew of economic data signaling that the US won't suffer a long-predicted recession.