The dollar index held below 97 on Thursday, not far from three-year lows, as markets awaited key economic developments gauge on their impact in monetary and fiscal developments. Markets tempered expectations of hot jobs numbers after ADP figures unexpectedly showed a decline in private-sector jobs, potentially driving the Fed to expedite its resumption of rate cuts. In the meantime, House representatives cleared a hurdle to pass President Trump's tax and spending bill, due for Congress approval and set to widen the US budget deficit by over $3 trillion. Lastly, market also awaited updated on new trade deals by the Commerce Department ahead of July 9th's deadline for the reintroduction of Liberation Day tariffs. Tariffs on Vietnam were lowered to 20% from 46%, but reports indicated that negotiations with other major trading partners faced roadblocks. In the meantime, the DXY received support from a softer pound as uncertainty on the UK's fiscal policy pressured British markets.