US Dollar continues recovering ahead of the weekend
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is ticking higher on Friday, helped by a wave of geopolitical unease.
Despite a retreat in Treasury yields and the Federal Reserve’s (Fed) reaffirmation of its cutting path for 2025, the Greenback gains modest ground. The index attempts to break out of the March low range for the third straight day.
Source: FXstreet