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The US dollar index

The US Dollar Index (DXY) has moved back above the 105.00 level for the first time since the middle of November.

Market attention in the week ahead will focus on the health of the US labor market with the release later today of the latest JOLTS job openings report for February and the NFP report for March on Friday.

Unless there is a significant slowdown in US employment growth, the US Dollar is likely to continue to trade on a stronger footing this week.


Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.

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