The dollar index advanced towards 99 on Friday, marking its fourth consecutive day of gains and reaching its highest point in almost a month. This upward movement is attributed to investors positioning themselves ahead of the December jobs report, which is expected to provide clearer insights into labor market conditions and the Federal Reserve's policy direction. Data from Thursday indicated a slight increase in weekly jobless claims to 208,000, while announced job cuts declined to 35,553 in December, the lowest number since July 2024, underscoring a robust labor market. Currently, there is nearly a 90% likelihood that the Federal Reserve will maintain its policy stance at the January meeting, though traders continue to foresee two or more interest rate cuts later this year. Investors are also waiting for a possible ruling from the US Supreme Court regarding the legality of tariffs implemented by the Trump administration. The dollar showed widespread strength, achieving its most significant weekly gains against the euro as signs of easing inflationary pressures emerged in Europe.