Key employment data release imminent, US dollar index fluctuates narrowly, awaiting policy signals

2026-02-04 07:57:58

According to Mars Finance, reports from Jin10 indicate that the US dollar is weakening ahead of the release of US 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. Danish bank analysts pointed out that the ADP data could give the market an initial sense of the expected performance of the key non-farm employment report. Due to the partial government shutdown, the non-farm report 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.

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