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On July 2, the U.S. dollar index traded around 101.20 during the early European session on Thursday, edging lower as market sentiment turned cautious ahead of the key U.S. employment report due later on Thursday.
Mitsubishi UFJ Bank senior analyst Akihiko Yokoo said that if the nonfarm payroll data exceeds expectations, the dollar could accelerate its rebound. The daily chart shows that the spot dollar index is biased to the upside in the near term, holding above the 100-day moving average, with the overall uptrend remaining intact.#Gate股票转仓功能上线