Key employment data release imminent, US dollar index fluctuates narrowly, awaiting policy signals

2026-02-04 07:46:15

Odaily Planet Daily News: The US dollar is weakening ahead of the release of US economic data, which may provide clues about the Federal Reserve’s rate cut cycle. The ADP private sector employment data will be announced tonight, followed by the ISM services survey. Danish bank analysts noted in their report that the ADP data could give the market an initial sense of the expected performance of the key non-farm payroll report. Due to the partial government shutdown, the non-farm payroll report scheduled for Friday has been postponed. However, President Trump signed a bill to end the shutdown on Tuesday, so the delay is not expected to be long. (Jin10)

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