The U.S. dollar index (DXY) rose +0.17% as data beat expectations, including weekly jobless claims rising less than expected, Q2 nonfarm productivity up more than expected, and Q2 unit labor costs rising less than expected. These results are supportive for the dollar and could reinforce expectations for tighter-than-previously implied policy, but the move appears modest.
The U.S. dollar index (DXY) rose +0.17% as data beat expectations, including weekly jobless claims rising less than expected, Q2 nonfarm productivity up more than expected, and Q2 unit labor costs rising less than expected. These results are supportive for the dollar and could reinforce expectations for tighter-than-previously implied policy, but the move appears modest.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.10
