USD Index treads water around 103.00 ahead of Nonfarm Payrolls – by pabspiovano DollarIndex Currencies Majors NFP
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Meanwhile, the likelihood of another 25 bps hike at the Fed's upcoming meeting in July remains high, supported by the continued strength of key USThis view was further bolstered by comments from Fed Chief Powell at the June FOMC event, who referred to the July meeting as "live" and indicated that most of the Committee is prepared to resume the tightening campaign as early as next month.: Persistent debate over a soft/hard landing of the US economy.
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