As expected by analysts, the US dollar still maintained its strengthening pattern on Thursday trading yesterday.
The currency king traded to a 6-week high after recovering from the stress of central bank policy factors earlier.
The lingering tension after Iran launched a missile attack on Israel last Tuesday kept market sentiment at risk and gave the US dollar an advantage as a safe-haven currency.
Analysts do not see the Iran-Israeli war situation at this point abating quickly.
In addition, the latest economic data of the United States (US) published comes with good reading.
In yesterday's New York session, the ISM survey report for the US service sector for September recorded a higher figure than forecast.
This adds further support for the US dollar to move strongly towards the end of the week.
But, the situation could change in the last trading session of the week following in the New York session tonight the market will watch the US NFP jobs report for September.
The ADP jobs data published last Wednesday gave a positive signal for NFP today, but investors still need to remain alert for any possibility.
Among the currencies with significant movements yesterday was the Pound Sterling which fell rapidly in several sessions.
This was driven by dovish comments by Bank of England (BOE) governor Andrew Bailey for the possibility of aggressive interest rate cuts.
