The U.S. dollar rose on Friday, holding onto recent gains ahead of the highly influential monthly jobs report, while the pound continued to weaken.
At 4 AM ET (0900 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was trading 0.1% higher at 109.040, heading for a weekly gain of 0.3%.
That would be its sixth straight weekly gain, the longest winning streak since an 11-week streak in 2023.
Dollar holds strength ahead of payrolls announcement
The dollar was trading near its strongest level since November 2022, holding onto recent gains as the U.S. returns from a holiday to honor former President Jimmy Carter.
Source: Investing.com
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