Press Enter to search · ESC to close

Macro

Dollar Index Slips 0.19% on Jobs Day, Up 0.93% for the Week

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.

Original source

AI take

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.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback