US non-farm payrolls are expected to add 148,000 jobs in September, with the unemployment rate likely holding steady at 4.2%. Despite recent softer job data, a range of 120,000 to 180,000 job additions could indicate economic normalization rather than distress. The US dollar may stabilize, influenced by labor market resilience and geopolitical tensions, though caution remains due to high net-short positioning against G10 currencies.
