Dollar slips ahead of the US monthly jobs report.
Economies.com
2020-10-01 19:09PM UTC
The US dollar slipped against most of its rivals on Thursday, following upbeat economic data, and ahead of the US monthly jobs report.
Data showed today the US unemployment claims fell around 36,000 to 837,000 during the past week, while personal income index fell 2.7%, while the US manufacturing PMI fell to 54.6 points in September from the 21-month high of 56 points of August.
The market is anticipating the monthly jobs report tomorrow, amid expectations that the creation of 900,000 jobs in September vs. 1.371 million jobs in August, and for the unemployment rate to drop to 8.2% from 8.4%.
The dollar index fell against a basket of currencies by 0.1% to 93.7 points as of 20:00 GMT, after it hit a high of 93.9 and a low of 93.5.
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