Dollar Rises Ahead of Key U.S. Employment Data

Group 1 - The U.S. dollar has risen to a four-week high against a basket of currencies, driven by lower-than-expected increases in U.S. jobless claims and anticipation of key labor market data [1] - Solid jobs data is expected to reinforce the belief that interest rates will likely remain on hold for the time being [1] Group 2 - Investors are closely monitoring a potential U.S. Supreme Court ruling regarding President Donald Trump's use of emergency powers to impose tariffs [2] - If the court rules against Trump, it is anticipated that the administration will quickly seek to rebuild the tariff wall using alternative authorities [2]