US Dollar Index clings to gains around 98.60, focus on NFP, ISM By pabspiovano DollarIndex Currencies Majors NFP
US yields regain upside traction as bonds selloff resumes., extends the rebound to the 98.60 region, where some initial resistance seems to have turned up so far on Friday.The index adds to the recent advance further north of the 98.00 hurdle at the end of the week amidst the resumption of the selloff in the debt market and lack of news from the geopolitical scenario.
Furthermore, additional wings for the buck came in response to the lack of any progress in the Russia-Ukraine peace talks so far, despite both parties pledged to continue the negotiations in the next few days.will take centre stage along with the Unemployment Rate, the ISM Manufacturing and Construction Spending, all for the month of March.The index extends the bounce to the area well north of the 98.00 hurdle at the end of the week.
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