The US dollar index is losing ground for a third consecutive day, trading around 99.00 during Asian hours on Friday.
The US dollar index is losing ground for a third consecutive day, trading around 99.00 during Asian hours on Friday. That is the Friday Asian session stamp. The same page’s chart line prints Dollar Index Spot at 98.98. The body uses around 99.00.
The same page says Waller prefers to keep rates unchanged in September if inflation data bring no major surprises. CME FedWatch there reprints a 50.2% September hike chance, down from 63.2% the prior day. Soft front-end pricing is the mechanism pulling the index lower for a third session.
August NFP is due later Friday. A hot jobs print that lifts hike odds again is the falsifier for this three-day slide.
The August NFP PRINT is the jobs tape — this note stays the Asian dollar session.
Post-print gold tumble toward $4,380 is the metals tape under the same dollar bid.
Post-print EUR/USD slip toward 1.1605 is the euro tape under the same dollar bid.
Post-print USD/CAD rise toward 1.3850 is the loonie tape under the same dollar bid.
Post-print Trump presses Fed for lower rates is the Washington tape under the same dollar/jobs session.
Post-print GBP/USD rebound toward 1.3512 is the sterling tape under the same dollar/jobs session.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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USD/CAD near 1.3815 after a 1.3835 high as the loonie firms and WTI extends near $97.20. FedWatch ~64% chance of a 25 bp hike on this stamp; DXY ~98.96.
GBP/USD under pressure near 1.3525 (−0.17%) as hot PPI keeps a September Fed hike in play. FedWatch nearly 70% chance of a 25 bp increase; Brent above $100.
USD/INR hits a fresh 10-day high at 95.47 as oil extends its rally on intact US–Iran tensions. RBI still intervening in spot and NDF; FCNR mobilisation stamped at $136.38bn.