Dollar Tumbles on Weak US Unemployment Report

Pessimistic -34.0

The dollar index (DXY00 ) on Friday fell by -0.59% to a 1.5-month low on the weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar was also undercut by the sharp -7 bp decline in the 10-year T-note yield to 4.09%, which undercut the...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.