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ForexMediumUpdated•Originally published 2 October 2026•Updated 2 October 2026•
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US Dollar Rebounds from Session Lows Despite Weak Non-Farm Payrolls

Key Facts

1The US Dollar moved away from session lows as traders engaged in dip-buying activity.
2The currency rebound occurred despite the release of weak Non-Farm Payrolls data.

The US Dollar moved away from session lows on October 2, 2026, as traders engaged in dip-buying activity. FX Empire reported that the currency rebound occurred despite the release of weak Non-Farm Payrolls data, which showed the unemployment rate increasing from 4.1% in August to 4.2% in September, exceeding analyst consensus.

Rising US Treasury yields supported the recovery, with the 2-year yield settling above 4.82% and the 10-year yield moving above 5.26% on October 2, 2026. According to FX Empire, previous employment figures were revised down from +162,000 to +133,000, while the US core inflation rate rose to 2.5% in line with estimates.

Latest Updates · 1

  1. Major·

    Update: The US Dollar extended its gains on October 2, 2026, breaking through key resistance levels to set a new yearly high. The currency surpassed the significant Fibonacci level of 101.80, signaling a technical breakout following the initial session recovery.