FXY

----

Dollar Index Rises Over 0.1% in Thin Trading on Non-Farm Day, Roughly Flat for the Week

In late New York trading on Friday (April 3), the ICE Dollar Index rose 0.16% to 100.186 points. When the U.S. Non-Farm Employment report was released at 20:30 Beijing time—the index instantly surged from 99.993 to 100.160 points. It gained 0.03% for the week, with an overall trading range of 100.643-99.298 points. It trended lower on Tuesday and Wednesday but rebounded significantly when U.S. President Trump discussed the Iran issue during "prime time" (Thursday early morning Asia-Pacific session).

The Bloomberg Dollar Index was closed on Friday, falling 0.27% for the week, and ended at 1215.89 points on Thursday.

USD/JPY rose 0.04% to 159.67 yen, surging to 159.81 yen when the Non-Farm Employment report was released. It fell 0.40% for the week, continuing to decline from Monday to Wednesday, hitting a low of 158.28 yen, and saw a significant short-term rally in the early Asia-Pacific session on Thursday.

EUR/JPY fell 0.12% to 183.90 yen, with a cumulative weekly decline of 0.34%. It dropped to 182.59 yen on Monday before gradually recovering its losses. GBP/JPY fell 0.17% to 210.690 yen, with a cumulative weekly decline of 0.88%, exhibiting an overall long-tailed L-shaped trend—dropping significantly on Monday and subsequently oscillating at low levels.

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.