The US dollar index eased to around 99.1 on Wednesday, giving back some of the previous session's gains as investors awaited a series of labor market reports that could shape the Federal Reserve's policy outlook.
Focus now turns to the ADP private payrolls report due Wednesday, followed by weekly jobless claims on Thursday and the closely watched May jobs report on Friday.
On Tuesday, JOLTs data showed job openings unexpectedly rose to 7.39 million in April, up from March's revised 7.2 million and well above the 7.1 million consensus forecast suggesting continued labor market resilience.
Fed officials largely support holding rates steady for now, citing trade policy uncertainty, despite pressure from President Trump for rate cuts.
The dollar weakened broadly, with the sharpest decline seen against the South Korean won following the election of opposition leader Lee Jae-myung as president, easing political uncertainty in the region.
Source: Trading Economi
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