India, Aug. 4 -- A smaller-than-expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline. The week ended August 1 witnessed the U.S. Dollar inter alia gaining against the euro, the British pound, the Australian dollar, the Canadian Dollar, the Swedish Krona and the Swiss franc but slipping against the Japanese yen. Despite the dollar declining after the payrolls data, the Dollar Index closed with weekly gains of more than 1.5 percent.
The Dollar Index (DXY), a measure of the Dollar's strength against a basket of 6 currencies rallied 1.54 percent during the week ...