Dollar Gains Momentum Amid Economic Data
The U.S. dollar is poised for a strong weekly gain, bolstered by robust economic indicators and a resilient labor market. This week’s data releases, including positive jobless claims and manufacturing figures, have reinforced investor confidence in the dollar’s strength against major currencies. Meanwhile, the euro and sterling have shown signs of recovery, driven by easing inflation concerns and central bank policy signals.
– Strong U.S. economic data supports dollar
– Euro and sterling bounce back amid easing inflation
– Central bank policies remain key market drivers