Jobs Report Bolsters Greenback, But For How Long? The US Index managed to close up 0.25% towards the 93 handle yesterday. However, demand for the greenback seems to be fading from the start of the week. After hitting a weekly peak last Friday on the back of the US jobs report, the US index has shown some signs of exhaustion. The dovish stance the Fed is adopting with fiscal stimulus talks could keep the pressure on the dollar. Added to that the ongoing coronavirus pandemic and the political uncertainty ahead of the US Presidential elections could weigh further. Euro Awaits ECB Press Conference The euro continued its ... (full story)