The US dollar index edged up toward 99 on Monday, stabilizing after falling more than 1% in the previous session as traders reassessed the Federal Reserve’s policy outlook. Friday’s weak jobs report showed nonfarm payrolls rose by just 73,000 in July, far below expectations, with prior months revised down by 258,000, pointing to a deeper labor market slowdown. Markets are now nearly fully pricing in a Fed rate cut in September, with over 63 basis points of easing expected by year-end. Adding to the drama, President Donald Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday, accusing her of falsifying employment data. The dollar gained some ground against most major currencies, posting the biggest gains versus the Australian dollar and the yen.