Reported 1 day ago
The dollar is poised to extend its winning streak, benefitting from rising bond yields and expectations of robust U.S. employment numbers, having gained against the yen and British pound. The dollar index is on track for its longest run since 2023, with attention on upcoming non-farm payrolls data, which is expected to show a modest increase in jobs and stable unemployment. Rising Treasury yields and concerns over British finances contribute to market dynamics, with the dollar finding support despite potential profit-taking.
Source: YAHOO