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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 09/Sep 11:49

Dollar slides further ahead of NFP revisions

The US dollar is struggling to find demand on Tuesday after posting losses against its major rivals at the start of the week. Later in the day, NFIB Business Optimism Index for August will be featured in the US economic calendar, while, the Bureau of Labor Statistics will publish the preliminary benchmark revisions to employment data. Growing expectations of the Federal Reserve opting for multiple rate cuts this year weighed on the USD at the beginning of the week, with the DXY Dollar Index losing 0.3% and posting its lowest daily close since late July. Meanwhile, Wall Street’s main indexes

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