The index alternates gains with losses in the mid-102.00s.
US yields poised to extend the recent rally on Friday.
US Nonfarm Payrolls takes centre stage across the pond.
The greenback, in terms of the USD Index (DXY), still appears under pressure around the 102.50 region at the end of the week.
USD Index looks at key data
The index continues to face some selling pressure following Thursday’s advance to multi-week tops above 102.80, always amidst the persistent cautiousness ahead of the release of crucial data in the US docket.
Indeed, the greenback’s price action so far falls in line with the generalized side-line trading seen in the global markets ahead of US Nonfarm Payrolls due later in the NA session.
In the meantime, US yields trade without a clear direction in the wake of the opening bell in the old continent, following Thursday’s advance to multi-month highs in the 10-year/30-year segment.
In the US data space, the economy is expected to have created around 200K jobs in July according to Nonfarm Payrolls figures, while the jobless rate is seen holding steady at 3.6% in the same period
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