Economy
Add as a preferred source on GoogleThe Oct. 23 reading was 121.3202, and the series uses January 2006 = 100 as its reference.
Federal Reserve data show its broad dollar gauge edged down 0.0046 index points from Oct. 19 to Oct. 23, offering a trade-weighted snapshot that stops before month-end.
The index registered 121.3202 on Oct. 23, compared with 121.3248 on Oct. 19. The series uses January 2006 = 100 as its reference point and compares the dollar with currencies used by a wide range of U.S. trade partners.
The Oct. 23 reading predates the week ending Oct. 30, so it does not cover that later period.
September payrolls increased by 29,000 and unemployment stood at 4.2%; JOLTS, ADP and the October jobs report are due this week.
The index stood at 101.67 on Nov. 2. DBS economist Philip Wee said the election and payrolls release would test the dollar’s weak momentum.
OCBC’s Nov. 2 table lists EUR/USD at 1.1160 at day close but gives no timestamp or time zone; FXStreet also cited energy prices and French fiscal risks.
