US Dollar Index (DXY), which compares the performance of the US Dollar (USD) against six other major currencies, trades lower around 104.80 slightly b
US Dollar is expected to remain resilient due to economic data from the US.
Moreover, US Initial Jobless Claims data for the week ending September 2 showed a figure of 216K, better than the market expectations of 234K and coming in lower than the revised figure of 229K from the previous week. This favorable labor market data could play a role in shoring up the resilience of the US dollar.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: