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By
Renae Dyer, Dow Jones Newswires
The dollar was trading steady as investors await the release of delayed U.S. jobs data for clues on whether the Federal Reserve will cut interest rates again next month.
The September nonfarm payrolls report will be published Thursday following the reopening of the government.
Markets will also dissect the Fed’s meeting minutes on Wednesday and U.S. purchasing managers’ data on Friday. Recent comments from Fed officials were cautious over cutting rates given the dearth of data during the government shutdown.
“The December meeting is a coin toss as the Fed still wouldn’t have enough data to be convinced one way or the other,” Jefferies economist Mohit Kumar said in a note.
The DXY dollar index traded flat at 99.336.
