Dollar Falls to Seven-Week Low amid Rising Rate-Cut ProspectsSingapore, 9 Sep (ONA) — The US dollar today sank to an almost seven-week low as investors braced for US data revisions that could show the jobs market in worse shape than initially thought, shoring up the case for even deeper Federal Reserve’s interest rate cuts. The dollar index fell to lows of 97.323 in Asia trade, representing the weakest level for the greenback since 24 July 2025. The euro appreciated 0.1% in Asia hours, trading to as much as $1.1778 , the strongest level since 24 July 2025. The yen strengthened against the dollar 0.3% at 147.125. The Australian dollar fetched $0.6606 , up 0.2% in early trade, while the kiwi traded 0.2% higher at $0.5949 . The offshore yuan traded 0.1% stronger at 7.1193 yuan per dollar, while sterling traded at $1.3576 , up 0.2% so far on the day.— Ends/Khalid
