• The US Dollar Index trades slow and steady as traders step aside to wait for key US data. 
• The US Labor Report could inject some volatility into DXY if it changes inflation expectations. 
• Recent commentary from Fed officials has shown vacillation and delay in deciding on whether to cut interest rates.
   

The US Dollar Index (DXY) seesaws between tepid gains and losses on Friday as traders sit on the sidelines prior to the release of market moving data from the US. 

The US Nonfarm Payrolls (NFP) report, out at 12:30 GMT may well inject some volatility into the Index. 

If the key Labor Market metric paints a positive picture for the labor market it should support the US Dollar, pushing up the DXY. 

Alternatively a weak showing in the report would have the opposite effect, pushing down the Dollar Index.