Dollar Sinks Below 100 as Market Awaits Crucial Economic Data

The US Dollar Index (DXY) ended its week lower after failing to hold above 100.00 and later trying to steady around 99.00 ahead of a US market closure for Labor Day on Monday.

The index will face intense volatility as it hovers around the critical 99.00 level, with upcoming data releases set to dictate market movements.

A slew of key economic indicators is scheduled to be released starting September 8, including NFIB Business Optimism and Consumer Inflation Expectations, which are expected to have a significant impact on the dollar's value.