Traders calender for September: How lengthy dollar’s dominance might stay intact?

It is still hard to predict whether the United States will experience a soft landing or a recession. The fact is that the US dollar issue has become relevant once again. In July, non-farm payrolls seriously undermined the picture of the exceptionally resilient US economy in the face of high central bank rates.
Later, as new macroeconomic statistical data was published, these fears somewhat faded but did not completely disappear. This seems logical given that the published indicators did not align with forecasts. For instance, yesterday’s manufacturing report showed a rise, though falling short of expectations, marking the fifth consecutive month of activity decline.
As a result, the US dollar stalled around 101.7 points. Let’s find out what obstacles the US currency may face in the near future. We will also examine how macroeconomic reports due on Thursday, September 5, could affect the currency market.