Some thoughts from Monex on the USD:Solid US job growth: The strong March job numbers hint at robust economic health which will potentially delay Fed rate cuts.Bond yields: Strong growth and higher commodities have pushed yields higher, which increases appeal for the dollar.Market dynamics: Despite a brief delay, there is potential for significant technical breaches in key major pairs which suggest readiness for the dollar to strengthen, especially if CPI points higher this week.Central bank policies: Expected dovish shifts from the ECB and BoC contrast with that of the Fed and should enhance dollar attractivenessOne risk to a higher dollar this week is if a strong CPI pushes USDJPY into 152
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