Anna 
The US Dollar (USD) started the week quietly after experiencing significant losses against major counterparts in the previous week. The USD Index, which recorded a decline of over 1% last week, hovers slightly below the 103.00 mark, while the 10-year US Treasury bond yield maintains its position above 4%. The economic calendar for the week does not feature any high-tier data releases.
On Friday, the US Bureau of Labor Statistics (BLS) released the Nonfarm Payrolls (NFP) report for February, indicating an increase of 275,000 jobs. While this figure exceeded the market expectation of 200,000, it failed to bolster the USD due to the BLS revising the January NFP increase lower from 353,000 to 229,000.
Additional insights from the jobs report revealed a slight decrease in annual wage inflation to 4.3%, accompanied by a rise in the Unemployment Rate to 3.9% from 3.7%, while the Labor Force Participation rate remained stable at 62.5%.
