Dollar Index Recovers Post-Nonfarm Data Decline

According to Odaily, the Dollar Index has regained its losses following the release of nonfarm payroll data. Commerzbank analyst Antje Praefcke noted in a report that although the dollar initially fell due to the data, the market did not fully align with the Federal Reserve's potential rate cut as early as January next year. The threshold for another rate cut appears to have increased, allowing the dollar to recover some ground.