TREE NEWS reports: The ICE US Dollar Index fell 0.19% to 101.908 in late New York trading on Friday, Oct. 2, dropping from around 102.100 to near 101.700 when the US nonfarm payrolls report was released in Beijing time. The index gained 0.93% for the week, with a trading range of 100.980-102.207. The Bloomberg Dollar Index fell 0.24% to 1222.12, up 0.76% on the week within a 1212.99-1226.89 range.
Dollar Index Slips 0.19% on Jobs Day, Up 0.93% for the Week
The muted single-session decline against a firmer weekly gain suggests the payrolls print moved the dollar less than the headline move implies, with the weekly range holding rather than breaking. That matters for dollar-denominated RWA and crypto markets, which have leaned on a softer greenback for part of their recent bid. Whether the index can hold above the lower end of this week's range is the open question.
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