The dollar was mixed-to-higher during the week

The dollar was mixed-to-higher during the week as US 10-year yields reclaimed the 1.60% figure. EURUSD slipped to April 19 lows around 1.1985 before bouncing to the 1.2000 figure where the 20-DMA lies. The euro extended gains to the 100-DMA around 1.2050, reversing losses. However, the upside potential looks limited at this stage as the greenback remains steady across the board and could see more gains in case of a more pronounced hawkish shift in the FOMC. On the data front, private-sector employment increased by 742,000 jobs from March to April. Meanwhile, there were 498,000 initial claims for unemployment benefits in the US during the week ending May 1.