FOREX-Dollar heads for 12-week winning streak, US payrolls loom

The dollar charged toward a 12-week winning streak on Friday, though it remained mostly rangebound as markets looked to U.S. nonfarm payrolls data later in the day for clues on whether the Federal Reserve's hawkish messaging on rates will need tweaking. The dollar index, which earlier in the week hit a roughly 11-month high of 107.34, last settled at 106.43, but remained on track for 12 straight weeks of gains. Friday's closely-watched U.S. jobs report comes on the heels of a run of resilient economic data which has reinforced the Fed's rhetoric of higher-for-longer rates and sent the greenback and U.S. Treasury yields surging.