DXY: US dollar index pulls back ahead of nonfarm payroll data



The US dollar index (DXY) has started the fourth quarter in the red as worries grow about US stimulus. The index is trading at $93.75, which is slightly below this week’s high of $94.75. US initial jobless claims falls The dollar index is falling even after some encouraging data from the United States. Yesterday, data from the Bureau of Labour Statistics (BLS) showed that private employers added more than 749k jobs in September. That was better than the median estimate of 660k from a survey of economists polled by Reuters. Today, data from the Labour Department showed that the initial

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