India, July 8 -- Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook. The week ended July 4 witnessed the U.S. Dollar inter alia slipping against the euro, the Australian dollar, the Japanese yen, the Canadian Dollar and the Swiss franc but gaining against the British pound and the Swedish Krona. Despite anticipation ahead of the much-awaited tariff deadline of July 9 dragging down the greenback, the Dollar Index closed with weekly losses of close to half a percent only as markets priced in a Fed hesitant to cut rates given the strong jobs data.
The Dollar Index (DXY), a measure of the Dollar's strength against a basket of 6 currencies slipped 0.45 pe...