DXY H4 | Market Outlook

- U.S. dollar is flat against a broad basket of currencies as traders are cautious with their bets ahead of the weekend. The recent surge in the number of new coronavirus cases in the U.S. has put some pressure on recent market optimism, and the yields on U.S. 10-year government bonds have declined from 0.98% to 0.87%. U.S. dollar is flat against a broad basket of currencies.