US Dollar Forecast: NFP Preview with Fed Policy & Market Impact 2021-07-01 22:10:00 Rich Dvorak, Analyst US DOLLAR PRICE OUTLOOK: ALL EYES ON NONFARM PAYROLLS REPORT US Dollar bulls are flexing their muscles due to the threat that FOMC officials may taper QE Nonfarm payrolls might need to top 845K to catalyze a sustained breakout by the US Dollar Bookmark and revisit our Real Time News page for timely market news and analysis USD price action gained ground across the board of major currency pairs on Thursday. US Dollar strength was most notable against the Pound, Yen, and Aussie. The broader DXY Index climbed 0.2% on balance to the 92.50-price level and is pacing its highest close since early April. This was an extension of the prior session’s rally as markets focus their attention on event risk posed by the upcoming release of monthly nonfarm payrolls data due Friday, 02 July at 12:30 GMT.