3 September 2025, 05:39 USA: Dollar Extends Gains Ahead of Key Data Releases.
The dollar index climbed above 98.4 on Wednesday, building on prior gains as investors awaited economic releases that could influence the Federal Reserve’s policy outlook. Traders look to the US JOLTS Job Openings and the Fed Beige Book later today, while attention also turns to Friday’s August payrolls report, along with unemployment and private hiring figures. The dollar had recently softened as markets increased bets on Fed rate cuts, with odds of a 25 basis point move this month standing near 92%. Still, the greenback regained traction on stronger safe-haven demand amid elevated global economic uncertainty, renewed trade tensions and ongoing geopolitical risks. Concerns over rising debt burdens across major economies further bolstered appetite for safe-haven assets.
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