The US dollar index has stabilized, and the market is paying attention to the delayed release of non farm payroll data

Investors ignored weak US employment data, and the US dollar index remained stable after hitting a two-week high on Thursday. The US Department of Labor stated that job vacancies in December fell to their lowest level in over five years. Non farm employment data has been postponed to next Wednesday due to the partial government shutdown. President Trump nominated Kevin Walsh as Federal Reserve Chair to boost the US dollar, with market bets that he will adopt restrictive policies and maintain central bank independence. LSEG data shows that the market expects the next interest rate cut to be fully priced in June, with the US dollar index remaining unchanged at 97.819. AI interpretation: The delayed release of non farm employment data has attracted market attention, despite the current weak performance of employment data, the US dollar index still stabilizes. This indicates an increased sensitivity of the market to future economic data, and investors are waiting for clearer employment signals. At the same time, Trump's nominee for Federal Reserve Chairman has also provided support for the US dollar, and the market is full of expectations for its possible restrictive policies. In this context, the stability of the US dollar index reflects the market's close attention to the direction of the Federal Reserve's policies.