Key employment data is about to be released, and the dollar index is fluctuating within a narrow range, awaiting policy signals

According to Jinshi reports, the dollar has weakened ahead of the release of U.S. economic data, which may provide clues about the pace of the Federal Reserve's interest rate cut cycle. The ADP private sector employment data will be released tonight, followed by the ISM services survey. Analysts at Danske Bank pointed out that the ADP data may give the market an initial perception of the expected performance of the key non-farm payroll report.

Due to the partial government shutdown, the non-farm report originally scheduled for release on Friday has been postponed, but President Trump signed a bill to end the shutdown on Tuesday, so the delay is not expected to be long.