{
  "id": 10661888,
  "title": "US Dollar: Payrolls risk supports near term gains – OCBC",
  "url": "https://urgent.news/2026/09/29/us-dollar-payrolls-risk-supports-near-term-gains-ocbc",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T09:25:53.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-payrolls-risk-supports-near-term-gains-ocbc-202609290925"
  },
  "original_language": "en",
  "account": "OCBC analysts Sim Moh Siong and Christopher Wong note that strong US economic data, rising Treasury yields, and higher oil prices are currently supporting the US Dollar. The upcoming US labor market report is seen as a crucial event, with potential upside surprises in payrolls boosting expectations of the Federal Reserve tightening monetary policy. Bloomberg analysts anticipate nonfarm payrolls to increase by 90,000 in September, slightly below the 162,000 gained in August, while the unemployment rate is predicted to stay steady at 4.1%. While the Federal Reserve Chair has emphasized the four-week average of initial jobless claims as a key labor market indicator, market participants generally view payrolls as a more reliable gauge of labor market health. The base case remains for a gradual USD rally into year-end. However, the outlook is tempered by factors such as the gradual appreciation of the Chinese Yuan and improving prospects for the Japanese Yen as Japan's policy environment becomes more favorable. In the short term, the dollar could potentially overperform if Middle East tensions persist, driving energy prices higher and inflation concerns deepen.",
  "summary": "OCBC’s Sim Moh Siong and Christopher Wong highlight that resilient US data, elevated Treasury yields and higher Oil prices are keeping the Dollar supported.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar consolidates above 0.7000 vs USD as bears await RBA rate decision",
        "url": "https://urgent.news/2026/09/29/australian-dollar-consolidates-above-0-7000-vs-usd-as-bears-await-rba",
        "published": "2026-09-29T02:23:23.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian currencies mixed as dollar holds two-month high, RBA decision looms",
        "url": "https://urgent.news/2026/09/29/asian-currencies-mixed-as-dollar-holds-two-month-high-rba-decision",
        "published": "2026-09-29T03:07:26.000Z"
      },
      {
        "outlet": "The Guardian Australia",
        "title": "RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6% – video",
        "url": "https://urgent.news/2026/09/29/rba-interest-rates-governor-michele-bullock-explains-decision-to-lift",
        "published": "2026-09-29T06:45:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}