Dollar Index (DXY) Tests 98.00 But Shows Signs of Weakness Ahead of NFP – ActionForex
The US Dollar bounced higher after Warsh’s nomination but is showing signs of stalling. Recent labor data previews (JOLTS, Claims) showed unexpected weakness. Dollar Index Technical Analysis ahead of Non-Farm Payrolls. Markets have a lot to digest in recent trading, with geopolitics, the new Fed Chair nomination, earnings season, tech selloffs, and growing fears that…