Here is what you need to know for Friday, April 3:

The  US Dollar Index (DXY) bounced back toward the 100.00 area after United  States (US) President Donald Trump said the US would intensify strikes  on Iran over the next two to three weeks, crushing hopes for a near-term  de-escalation and reviving safe-haven demand for the Greenback. The  move came as Oil prices spiked, equities fell, and markets shifted their focus back to geopolitics ahead of Friday’s US Nonfarm Payrolls report.

At the same time, US weekly Initial Jobless Claims fell to 202K from 211K, beating expectations of 212K and suggesting the labor market remains relatively stable for now.

US Dollar Price Today

The table below shows  the percentage change of US Dollar (USD) against listed major currencies  today. US Dollar was the strongest against the British Pound.

The heat  map shows percentage changes of major currencies against each other.  The base currency is picked from the left column, while the quote  currency is picked from the top row. For example, if you pick the US  Dollar from the left column and move along the horizontal line to the  Japanese Yen, the percentage change displayed in the box will represent  USD (base)/JPY (quote).

EUR/USD slipped toward the 1.1540 zone as the stronger USD dominated price action. The Euro (EUR) also remained capped amid the broader US Dollar (USD) strength.

GBP/USD fell toward the 1.3230 region, pressured by the Greenback’s strength  and renewed concerns over the United Kingdom’s (UK) exposure to higher  imported energy costs. A Bank of England survey released today showed UK  firms expect to raise prices by 3.7% over the next year, the biggest  jump in nearly two years, adding to inflation worries.

USD/JPY  advanced toward the 159.60 area as the USD rose even against traditional  safe havens. Still, gains in the pair remained sensitive to  intervention fears, with the market again trading close to the 160.00  zone that has heightened concern among Japanese authorities in recent  sessions.

AUD/USD slightly weakened to around 0.6910, retreating amid a sour market mood  that pressured the risk-sensitive Australian Dollar (AUD).

West  Texas Intermediate (WTI) Oil rocketed above $111.00, at one point  touching nearly $114.00, after Trump’s tougher rhetoric fueled fears of  prolonged supply disruption and uncertainty around the Strait of Hormuz.

Gold dropped toward $4,661, reversing lower despite the risk-off tone. The  stronger US Dollar and rising Oil-driven inflation concerns weighed on  bullion by reducing expectations for lower interest rates, a negative backdrop for non-yielding assets.

What’s next in the docket:

Friday, April 3

• United States – March Average Hourly Earnings

• United States – March Nonfarm Payrolls

• United States – March Unemployment Rate

• United States – March Labor Market Data

• United States – March S&P Global Composite PMI