Following the dovish tones from the UK and Japan, as well as the unrest in the Middle East, on the eve of the non-farm payrolls report, the US dollar has risen for the fourth consecutive time!

The US dollar has shown strength in the foreign exchange market, rising for four consecutive days, setting the longest consecutive rise record in a month. The British pound and Japanese yen are weak, coupled with tensions in the Middle East, further pushing the US dollar higher. The market is focused on the upcoming US non-farm payroll report, which is expected to show that the cooling of the job market is slower than expected. Analyst Kathleen Brooks pointed out that a strong non-farm report could trigger market volatility. Uncertainties in the Federal Reserve's interest rate path and the US election have made traders cautious about the US dollar