The U.S. dollar is higher across the board against major pairs on Friday. The greenback got a boost from the March U.S. non-farm payrolls (NFP) report that showed the economy added 196,000 jobs and an upward revision to the February numbers. The wage component did not do as well with a lower-than-expected gain at 0.1 percent that validates the dovish stance of the U.S. Federal Reserve. The central bank has taken off the board all interest rate hikes that were forecasted last year. The immediate market reaction after the report triggered a rise in risk appetite with investors selling the dollar after President Trump once again pressured the Fed to lower rates.
The Fed will release the minutes from its March FOMC meeting on Wednesday,