Dollar Tumbles on a Weak US Jobs Report

Written on 07/02/2026
Rich Asplund

The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar is also under pressure amid weakness in crude oil...A one dollar bill floating in water by Wirestock via iStock