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Analysts will find out what the ADP Employers Services and Labor Department documents have in store today and Friday (June 1st and 3rd) respectively.
The expectation is that they will show fewer workers were hired and manufacturing activity weakened, which is why the dollar has fallen against most of its commonly-traded peers.
It traded at $1.4425 versus the euro at 08:02 BST, representing a 0.2 per cent decline, while the greenback also decreased in value against the yen by 0.1 per cent, according to Bloomberg.
Speaking to the news service, St George Bank chief economist Besa Deda said: "A weak employment report on the payrolls front will escalate concerns about the US economic outlook and could cause the US dollar to remain under pressure."
The situation looks little better in the UK, with Reuters predicting the purchasing managers index for May to show a slight decline.
Posted by Greg Secker
