The jump in the dollar has been the interesting story in markets as we look to wrap up the trading week. Wall Street closed slightly higher but the S&P 500 continues to keep below its 200-day moving average at 4,322 as buyers are contemplating if there is enough appetite to contest the key technical level.

Going back to the dollar, it is seen making headway despite Treasury yields staying in a bit of a bind. 10-year Treasury yields continue to flirt with its 100-day moving average but the greenback is not waiting around as it pushes past key technical levels against the euro, yen and pound as outlined here.