US Dollar locks in gains after ECB’s Lagarde is uninspiring

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• The Greenback rallies for a third straight day this week.
• US yields continue to increase, nearing the 5% threshold again.
• The US Dollar Index edges up after breaking back above 106.00 and flirts with 107.00 for this week. 

The US Dollar (USD) reclaims its earlier gains from earlier this Thursday as a big batch of upbeat US data achieves victory over the European Central Bank and its President Christine Lagarde. During the verbal communication, Lagarde was trying to push the Euro higher against the Greenback. A very doom-and-gloom outlook on the eurozone, and refraining from issuing any forward guidance, leaves markets in the dark and makes investors favor the Greenback again over the Euro.