The US Dollar Index (DXY), which tracks the US Dollar (USD) against six major currencies, extends its winning streak for a third consecutive day amid improved Treasury yields.
The US Dollar Index climbs toward 104.00, supported by 2- and 10-year Treasury yields at 3.96% and 4.29%, respectively. US Initial Jobless Claims for the week ending March 7 came in at 220,000, beating the forecast of 225,000. President Trump threatened a 200% tariff on all European wines and champagne, sparking global concerns. The US Dollar Index , which tracks the US Dollar against six major currencies, extends its winning streak for a third consecutive day amid improved Treasury yields.
The US Dollar also found support as risk sentiment weakened following President Donald Trump’s announcement of a 200% tariff on all European wines and champagne during Thursday’s early US session. Senate Democratic Leader Chuck Schumer announced late Thursday that he will support keeping the government open as the chamber prepares to vote on a GOP stopgap funding bill on Friday.
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