Dollar Edges Higher as Markets Await U.S. Payrolls Data -- Market Talk
Dow Jones2026/09/04 06:530653 GMT - The dollar rises slightly after dropping significantly on Thursday following comments from Federal Reserve Governor Christopher Waller, who said he would support holding interest rates steady if inflation data back this up. Market attention turns to key U.S. nonfarm payrolls data at 1230 GMT. A strong jobs reading could revive expectations for a Fed rate hike, boosting the dollar, while weak data could increase prospects of unchanged rates and send the currency lower. Investors are cautious due to uncertainty around payroll growth, inflation and the next interest-rate decision, says Clarity Global CEO Mariia Menahem in a note. The DXY dollar index rises 0.1% to 98.989, having dropped to a 10-day low of 98.831 on Thursday. (jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
September 04, 2026 02:53 ET (06:53 GMT)
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