Dollar Extends Fall Ahead of Jobs Report

2026-02-11 01:02 By Jam Kaimo Samonte 1 min. read

The dollar index fell to around 96.5 on Wednesday, extending recent losses as investors positioned ahead of the delayed January jobs report.

The economy is expected to have added 70K jobs last month, following a 50K gain in December, while the unemployment rate is seen holding steady at 4.4%.

A weaker-than-expected print could further weigh on risk sentiment, especially after retail sales data released Tuesday unexpectedly stalled, pointing to mounting pressure on lower- and middle-income consumers.

The dollar also faced headwinds from concerns over foreign demand for US assets following reports that Chinese regulators advised financial institutions to limit holdings of US Treasuries.

The move reinforced the view that investors may be rotating away from dollar-denominated assets toward safe havens and emerging markets.

Meanwhile, Commerce Secretary Howard Lutnick said Tuesday that the dollar is being artificially pushed higher by other countries seeking to boost exports to the US.



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