The US Dollar Index (DXY) has broken back above the 105.00 level for the first time since mid-November. The economists of MUFG Bank analyze the outlook for the USD.
The Fed could lag behind European central banks in starting to cut rates
Market attention over the next week will be focused on the health of the US labor market, with the latest February JOLTS job openings report released today and the March NFP report on Friday.
Barring a significant slowdown in US job growth, the US dollar is likely to continue trading higher this week to reflect the growing risk of the Fed lagging behind European central banks in the future. time to start cutting rates.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.