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fxJun 4, 2026, 8:35 PM

US Dollar Index Rebounds on Fed Comments Ahead of NFP

The US Dollar Index recovered from early losses to near 99.45 after Federal Reserve officials' comments, as markets await the Nonfarm Payrolls report.

DXY

The US Dollar Index (DXY) initially dipped to 99.18 early Thursday before staging a recovery during the North American session, climbing to 99.45. The move came as investors processed remarks from a series of Federal Reserve officials.

Market attention is now firmly on the upcoming Nonfarm Payrolls (NFP) report, which could provide further direction for the greenback. The index's rebound suggests a cautious adjustment in positioning ahead of the key data release.

Source: FXStreet Forex News