Dollar Index Set for First Weekly Loss of 2024; US Jobs Data in Focus

Dollar Index Set for First Weekly Loss of 2024; US Jobs Data in Focus
Iranian rials, U.S. dollars, and Iraqi dinars are seen at a currency exchange shopÊin Basra, Iraq, on Nov. 3, 2018. Essam al-Sudani/Reuters
Reuters
Updated:

SINGAPORE/LONDON—The dollar index was set for its first weekly fall this year, hurt by lower U.S. bond yields on the back of banking sector jitters, as traders awaited U.S. jobs data due later on Friday for clues on when the Federal Reserve could begin easing rates.

The euro was last up 0.2 percent at $1.0885, building on Thursday’s 0.49 percent gain, and the pound was up 0.15 percent at $1.2761, having jumped 0.43 percent the previous day.