What happened
The U.S. dollar index, which measures the currency against six major counterparts, dropped 0.69% on September 3 and ended late New York trading at 98.910.
In late New York trading, the euro bought 1.1635 dollars, up from 1.1586 in the previous session, while the pound bought 1.3539 dollars, up from 1.3487.
The dollar weakened against the yen, Swiss franc, Canadian dollar and Swedish krona, with one dollar buying 155.50 yen, 0.8068 francs, 1.3788 Canadian dollars and 9.5365 kronor, all lower than the prior session.
Why it matters
The broad decline across multiple currency pairs in a single session points to a notable weakening of the dollar, even though the report gives no specific reason for the move.
Investors could interpret such price action as a shift in market sentiment toward the U.S. currency, but any explanation beyond the quoted figures remains speculative.
Key facts
The dollar index fell 0.69% to 98.910 at the end of New York trading.
The euro rose to 1.1635 dollars from 1.1586, and the pound rose to 1.3539 dollars from 1.3487.
The dollar traded lower against the yen, Swiss franc, Canadian dollar and Swedish krona compared with the previous session.
What to watch next
Traders may watch upcoming sessions to see whether the dollar extends its decline or stabilizes near 98.910.
Further moves in the euro and yen pairs could offer clues about the momentum behind the dollar's downward slide.
