The USD scenario is currently mixed and unpredictable, especially in the short term.

On one side, you have the North Korea tensions that are fueling risk off moves across all asset classes. On the other hand anyway, it is important to remember that the strong reading on the US job market seen last Friday with NFP and yesterday with the JOLTs, are slowly convincing investors that inflation in the US might be on back on track.

JPY, CHF, Gold are up, with European and US Equity Indices down. The USD index anyway is on a 4 days positive streak which is not what market would expect on a typical risk off price action.