In July, the U.S. non-farm payrolls unexpectedly turned negative, severely impacting the dollar. The market has adjusted its expectations for a rate hike in September, and the Federal Reserve may continue to hold off on making any changes.

According to Zhito Finance APP, the unexpectedly weak U.S. jobs data for July further weakened market expectations for a recent interest rate hike by the Federal Reserve, causing the U.S. dollar to weaken on Friday. The data showed a surprising decrease in non-farm payrolls in July, and the employment figures for the previous two months were also significantly revised down, prompting investors to reassess the outlook for the Federal Reserve's monetary policy.