According to Jinshi, ING Group said the US dollar faces the risk of falling as the US non-farm payrolls data released on Friday may show an unexpected increase in the unemployment rate in September.
The Fed's increased focus on the employment side of its dual mandate means markets are likely to be highly sensitive to the details of the jobs data.
If forecasts for a small rise in unemployment are correct, the dollar is expected to weaken as markets stick to expectations that the Federal Reserve will cut interest rates by 50 basis points in November or December.
