The greenback ticked up for the third consecutive session on Thursday as Treasury yields declined but stayed high amid worries about the upcoming traffic decided by Trump. while the pound continued to struggle with its latest dips.

U.S. Treasury yields have risen, with the 10-year note reaching a 4.73% 8.5-month high on Wednesday, as a strong economy and potential tariffs reignited inflation worries and tempered expectations of rapid Fed rate cuts.

The latest economic figures point to a strong labor market, while Fed minutes from December flagged inflation worries, hinting that the new administration's plans could hinder growth and raise unemployment.

Friday's key NFP report will be closely watched by investors to assess the central bank's potential approach to interest rate cuts.

Boston Fed President Susan Collins emphasized the need for caution in future rate cuts amid significant uncertainty.

The dollar index that gauges the greenback versus its major pairs added 0.15% to 109.18.

EUR/USD slumped by 0.2% at $1.0297.

GBP/USD slumped by 0.53% to $1.2296, set for a third consecutive decline after reaching its lowest point since November 13, 2023, Britain's finance minister faces mounting pressure as concerns over Trump’s policies drive up the government’s borrowing costs.

The Japanese yen rose by 0.27% to 157.93 per dollar.