Dollar Ends Higher on US Labor Market Strength

The dollar index (DXY00) on Friday rose by +0.19%. The dollar on Friday garnered support after US nonfarm payrolls rose more than expected, bolstering expectations that the Fed will be in no hurry to lower interest rates. Higher T-note yields on Friday…

Escalating Middle East Tensions Underpin Crude Prices

May WTI crude oil (CLK24) on Friday closed up +0.32 (+0.37%), and May RBOB gasoline (RBK24) closed down -0.56 (-0.20%). Crude and gasoline prices on Friday settled mixed, with crude posting a 5-1/4 month high as escalating tensions in the Middle East c…