US Dollar Index bias turned weak bearish on October 4, 2026
The dollar is in focus as markets await Fed minutes for clues about future rate hikes, while weighing mixed signals from the U.S. jobs market. Soft jobs data and comments from Fed's Hammack that there is time to weigh the next rate move have fueled discussion about pricing out further hikes, even as Treasury yields touch generational highs.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed once during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 23:25Weak bearish
Headlines (23)
First seen on October 4
- Fed minutes coming this week could give markets important clues about future rate hikesMarketWatch
- Fed’s Hammack says there is time to weigh next rate moveHellenic Shipping News
- Australian Dollar drifts higher above 0.6950 on soft US jobs dataFXStreet
Carried over from earlier days
- United States Dollar Index sits near March 2025 highs, above 102.00 ahead of US NFPFXStreet
- The Dollar Has Lost Momentum but Not StrengthActionForex
- North American Morning Kickstart: Dollar mixed ahead of US jobs report as oil falls and futures riseInvestingLive
- US Non Farm Payroll Employment Misses at 29K as Wages Slow and Unemployment Rises to 4.2%ActionForex
- Yields move lower. Stock futures point to a higher open. The USD falls after jobs reportInvestingLive
- US jobs market sees sharp slowdown in Septemberbbc.co.uk
- Traders now see little chance of a Fed rate hike in October after weak jobs reportCNBC
- U.S. Hiring Stalls at 29,000 Jobsbabypips.com
- US payrolls miss at 29K and the Dollar Index drops below 102.00FXStreet
- US added just 29,000 jobs in September in sharp drop from last month’s gainsThe Guardian
- US job growth slows as unemployment rises before midterm electionsAl Jazeera
- U.S. Nonfarm Payrolls Fall Short of Expectations, Raising Economic ConcernsHellenic Shipping News
- Week ahead: ISM services, Fed minutes and Canadian jobs lead the economic calendar. Be aware.InvestingLive
- The 29K jobs number isn't the real story. The downward revisions show the labor market turned months agoFXStreet
- October fallFinancial Times
- Stablecoin issuers have replaced 40% of China’s lost US Treasury demandCryptoSlate
- US: Softer Jobs Data Strengthen the Case for a Fed PauseActionForex
- Pricing Out the Hikeresearch.glassnode.com
- The U.S. jobs market just took a turn for the worse. Or did it?MarketWatch
- As Treasury yields touch generational highs, investors brace for market falloutMarketWatch
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 4 | ||
| Bank Holiday | AUD | |
| Bank Holiday | CNY | |
| Monday, October 5 | ||
| ANZ Commodity Prices m/m | NZD | |
| MI Inflation Gauge m/m | AUD | |
| ANZ Job Advertisements m/m | AUD | |
| Consumer Confidence | 35.3 | JPY |
| Spanish Services PMI | 57.1 | EUR |
| Italian Services PMI | 54.6 | EUR |