DXY Stalls at 99.95 as Traders Eye NFP and Iran Tensions
The US Dollar Index holds steady near 99.95 with investors cautious ahead of the July employment report, while Iran-related risks linger.
DXY
The US Dollar Index (DXY) is consolidating around 99.95 on Friday, barely moving as market participants hesitate before the US jobs data.
The July nonfarm payrolls report is the immediate focus. Meanwhile, geopolitical tensions related to Iran add another layer of uncertainty, keeping the greenback in a tight range.
Source: FXStreet Forex News