FOREX-Dollar Slumps Ahead of Payrolls Revisions, Powell Speech

FOREX - NEW YORK. The dollar fell to its lowest level since January on Tuesday as investors awaited revisions to U.S. payrolls data on Wednesday and Federal Reserve Chair Jerome Powell's speech to the Jackson Hole economic conference in Wyoming later in the week.

Traders are speculating the revisions to the U.S. government's jobs data could show that between 600,000 and 1 million fewer jobs were created from April 2023 to March 2024.