US Dollar Index climbs to fresh cycle tops beyond 98.00 ahead of Payrolls

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US Dollar Index climbs to fresh cycle tops beyond 98.00 ahead of Payrolls By pabspiovano DollarIndex Currencies Majors NFP Employment

Usual geopolitical concerns lend extra wings to the dollar., extends the upside momentum and clinches new cycle peaks past the 98.00 mark at the end of the week.The index looks to add to Thursday’s gains and climbs to levels last seen back in June 2020 beyond 98.00 the figure on Friday.continues to lend support to the demand for the safe havens, benefiting the buck and bonds at the same time, the latter also putting US yields across the curve under further downside pressure.

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