• The US Dollar trades sideways in a tight range this week ahead of key US employment data. 
• Markets brace for JOLTS numbers after ISM Manufacturing PMI did not move the needle. 
• The US Dollar Index remains just below an important technical level. 

The US Dollar (USD) trades sideways on Wednesday ahead of some key US economic data. Meanwhile, equity markets have a severe hangover with tech stocks selling off. The nosedive took place after NVIDIA (NVDA) received a subpoena from the US Justice Department on whether the chipmaker violated antitrust laws. 

On the economic data front, all eyes will be on the appetiser preceding the US Jobs Reports with the Nonfarm Payrolls (NFP) release on Friday, and that is the JOLTS Job Openings release on Wednesday. Although there is no correlation between both numbers, the lagging US JOLTS Job Openings report can reveal if certain sectors are cutting down on their demand for labor force.  Markets are still to make up their mind if the US Federal Reserve (Fed) will cut by 25 or 50 basis points in September.