{"id":2153,"date":"2025-12-16T01:18:38","date_gmt":"2025-12-16T01:18:38","guid":{"rendered":"https:\/\/asianforexhub.com\/?p=2153"},"modified":"2025-12-16T01:18:38","modified_gmt":"2025-12-16T01:18:38","slug":"dollar-nears-two-month-low-as-markets-await-delayed-us-jobs-data","status":"publish","type":"post","link":"https:\/\/asianforexhub.com\/id\/dollar-nears-two-month-low-as-markets-await-delayed-us-jobs-data\/","title":{"rendered":"Dollar Nears Two-Month Low as Markets Await Delayed US Jobs Data"},"content":{"rendered":"<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">AsianForexHub Market Pulse<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Dollar Index fell 0.2% to 98.261, approaching a two-month low.<\/li>\n\n\n\n<li>Market focus is on the delayed combined October\/November US jobs report.<\/li>\n\n\n\n<li>Fed funds futures price a 75.6% <strong>probability<\/strong> of a rate hold at the Jan 28 meeting.<\/li>\n\n\n\n<li>The BOJ is <strong>expected<\/strong> to hike rates (25 bps to 0.75%), while the BOE <strong>may<\/strong> cut rates.<\/li>\n\n\n\n<li>Antipodean currencies gained <strong>momentum<\/strong> as their central banks shut the door on further rate cuts.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n\n\n\n<p>The U.S. dollar sagged to near a two-month low at the start of the Asian trading session on Tuesday as markets awaited the release of a slew of economic data, including the delayed November U.S. jobs report. The dollar index, which measures the currency\u2019s strength against a basket of six key rivals, was down 0.2% at 98.261, approaching the lowest levels since October 17.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-fc88cf25884cc6f5cd30e332bbaea500\"><strong><em><a href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" data-type=\"link\" data-id=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\"> Position your trades ahead of the long-awaited US jobs report. <\/a><\/em><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Focus on Delayed Jobs and Manufacturing Data<\/h3>\n\n\n\n<p>The Bureau of Labor Statistics will release its long-awaited combined employment reports for October and November later, following delays to data collection during the longest U.S. government shutdown in history. A raft of preliminary manufacturing indicators are also due for release.<\/p>\n\n\n\n<p>HSBC\u2019s global head of FX research, Paul Mackel, stated that the jobs data &#8220;will help give closure on how U.S. employment conditions were panning out during the federal government shutdown&#8221;. He added that &#8220;The Fed\u2019s messaging last week gave us reassurance that the broad USD is not out of the woods yet&#8221;.<\/p>\n\n\n\n<p>Fed funds futures are pricing an implied 75.6% probability of a hold in rates at the U.S. central bank\u2019s next meeting on January 28, unchanged from a day earlier, according to the CME Group\u2019s FedWatch tool.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Central Bank Decisions Loom Large<\/h3>\n\n\n\n<p>Markets will have to contend with a host of other policy catalysts during the week with several central bank decisions due:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Bank of Japan (BOJ) is <strong>expected<\/strong> to hike rates by 25 basis points to 0.75%, causing the dollar to ease 0.1% to 155.07 yen as traders braced for the decision.<\/li>\n\n\n\n<li>The Bank of England (BOE) <strong>may<\/strong> make an equal-sized cut to 3.75%.<\/li>\n\n\n\n<li>The European Central Bank (ECB), Sweden\u2019s Riksbank, and Norway\u2019s Norges Bank are all <strong>expected<\/strong> to keep interest rates on hold.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Antipodean Currencies Show Resilience<\/h3>\n\n\n\n<p>The euro was steady at $1.17535 as peace talks to end the war in Ukraine made progress, with the United States offering to provide NATO-style security guarantees for Kyiv. The British pound was flat at $1.3376.<sup>2<\/sup> Against the Chinese yuan trading offshore, the dollar was flat at 7.0371 yuan, its weakest levels since October 3, 2024.<\/p>\n\n\n\n<p>The Australian dollar edged up 0.1% to $0.66445, and the kiwi dollar added 0.1% to $0.5788. Both the Australian and New Zealand central banks have shut the door on any further rate cuts, providing <strong>momentum<\/strong> to the Antipodean currencies.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-5a800a2a84ca9095b47542d68bb7fbba\"><em><strong><a href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" data-type=\"link\" data-id=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\">Track the potential impact of five different central bank decisions (BOJ, BOE, ECB) this week. <\/a><\/strong><\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-e9eb6382 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/direct-fxpro.com\/en\/partner\/2KGB2V96C?platform=web\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728\u00d790.gif ,https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728\u00d790.gif 780w, https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728\u00d790.gif 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/11\/728\u00d790.gif\" alt=\"728\u00d790\" class=\"uag-image-1707\" width=\"800\" height=\"99\" title=\"728\u00d790\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The Dollar Index approaches a two-month low ahead of the delayed US jobs report. Markets anticipate a BOJ rate hike and a BOE rate cut this week.<\/p>","protected":false},"author":1,"featured_media":2154,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[24,20,16,7],"tags":[],"class_list":["post-2153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-forex","category-market-news","category-news-analysis"],"uagb_featured_image_src":{"full":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145.jpg",1200,675,false],"thumbnail":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145-150x150.jpg",150,150,true],"medium":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145-300x169.jpg",300,169,true],"medium_large":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145-768x432.jpg",768,432,true],"large":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145-1024x576.jpg",800,450,true],"1536x1536":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145.jpg",1200,675,false],"2048x2048":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145.jpg",1200,675,false],"trp-custom-language-flag":["https:\/\/asianforexhub.com\/wp-content\/uploads\/2025\/12\/22_07_2022-us-dollar-print_22914145-18x10.jpg",18,10,true]},"uagb_author_info":{"display_name":"Asian Forex Hub Newsdesk","author_link":"https:\/\/asianforexhub.com\/id\/author\/boyidzhamgmail-com\/"},"uagb_comment_info":0,"uagb_excerpt":"The Dollar Index approaches a two-month low ahead of the delayed US jobs report. Markets anticipate a BOJ rate hike and a BOE rate cut this week.","_links":{"self":[{"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/posts\/2153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/comments?post=2153"}],"version-history":[{"count":1,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/posts\/2153\/revisions"}],"predecessor-version":[{"id":2155,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/posts\/2153\/revisions\/2155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/media\/2154"}],"wp:attachment":[{"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/media?parent=2153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/categories?post=2153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asianforexhub.com\/id\/wp-json\/wp\/v2\/tags?post=2153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}