Dollar slides as US government shutdown, poor jobs data weigh

Business

LONDON :The dollar fell to near a one-week low on Thursday as traders weighed the impact of a U.S. government shutdown, while poor jobs data boosted expectations that the Federal Reserve will cut interest rates two more times this year. The dollar index, which measures the greenback against a basket of six currencies, fell 0.14 per cent to 97.59. It saw the sharpest decline against the safe-haven yen, down 0.3 per cent to 146.69. After four straight days of losses for the dollar index, traders

Dollar slides as US government shutdown, poor jobs data weigh https://www.channelnewsasia.com/ - 02.10.2025 16:25
Dollar falls as traders assess US government shutdown, poor jobs data https://www.channelnewsasia.com/ - 02.10.2025 14:22

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Dollar slides as US government shutdown, poor jobs data weigh https://www.channelnewsasia.com/ - 02.10.2025 16:25
Dollar falls as traders assess US government shutdown, poor jobs data https://www.channelnewsasia.com/ - 02.10.2025 14:22