The dollar index regained momentum above 100 mark on Thursday, after a sharp drop in the previous session. Trump speech has created a sense of uncertainty, driving investors back to safe haven dollar. US President Donald Trump crushed hopes of a swift end to the Iran war and sent the greenback higher across the board. US ADP Employment Change showed a 62K net job increase in March, beating expectations of a 40K rise, while February's data was revised up to a 66K increase from previous estimations of 63K. The ISM Manufacturing Purchasing Managers' Index (PMI) improved to 52.7, its highest reading since August 2022, from 52.4 in February, also beating estimations of a slower improvement, to 52.5. The focus now is on the Nonfarm Payrolls report, due on Friday. DXY, which measures the greenback against a basket of currencies is quoting at 100.08, up 0.62% on the day.
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