Analysts: The dollar pullback is temporary, and if the data is solid, it will turn higher

On January 7th, Jinshi data, analysts at Monex Europe said in a report that if the upcoming US economic data is robust, the dollar may turn higher. The dollar’s pullback may be temporary rather than the start of a more lasting trend. They said, “This shift could begin as early as today.” The market’s focus is on the upcoming US JOLTS job vacancy data and ISM non-manufacturing index, which could paint a “relatively optimistic picture” of the US economy.