Dollar Pressured by a Weak US Payroll Report

The dollar index fell 0.35% on Friday after weaker-than-expected US February payrolls and a decline in January retail sales, putting downside pressure on the greenback. Losses were limited later in the session, indicating a modest market reaction to the soft economic data rather than a sustained shift in risk sentiment.

Analysis

The dollar index fell 0.35% on Friday after weaker-than-expected US February payrolls and a decline in January retail sales, putting downside pressure on the greenback. Losses were limited later in the session, indicating a modest market reaction to the soft economic data rather than a sustained shift in risk sentiment.