DXY: Dollar index up for third straight day on impressive JOLTs data

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The US dollar index (DXY) is up for the third straight day as investors react to the impressive jobs data from the US and the possibility of a stimulus deal in the US. The DXY is trading at 93.45, which is significantly higher than last week’s double bottom at 92.55. US jobs data impressive On Friday, the Bureau of Labour Statistics (BLS) released relatively strong jobs numbers from the US. The data showed that the economy added more than 1.8 million jobs in July as the unemployment rate fell to 10.2%. These numbers were better than what analysts were expecting.

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