The Euro is on track for its strongest week in 16 years, capitalizing on the softening dollar ahead of the release of crucial jobs data. The Dollar Index, a measure of the U.S. currency against a basket of six major currencies, has dropped to a four-month low.
The safe-haven currencies, namely the Japanese yen and the Swiss Franc, have also seen an uptick. Despite these developments, bitcoin has experienced a slight dip, even in the wake of President Trump signing an order to establish a strategic bitcoin reserve.
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