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fxJun 29, 2026, 8:15 PM

US Dollar Eases Before Key US Jobs Data, ECB Forum, China PMIs

The US Dollar Index dipped to near 101.10 on Monday as investors took profits ahead of crucial US labor market data, an ECB forum, and China PMIs.

DXY

The US Dollar Index (DXY) lost some momentum on Monday, trading around 101.10 and remaining near recent highs. The pullback was driven by profit-taking as market participants shifted focus to a busy week of economic releases.

Key events on the horizon include US jobs data later this week, the European Central Bank Forum, and China's Purchasing Managers' Index (PMI) figures. These catalysts could influence the dollar's next directional move.

Source: FXStreet Forex News