1221 GMT - Friday's weaker-than-expected U.S. nonfarm payrolls report, upcoming Federal Reserve meeting minutes and G-7 measures to release energy supplies could temper the dollar's rise but not reverse it sharply, HSBC's Paul Mackel says in a note. The data argue against the Fed raising rates this month but this was largely priced beforehand and the Fed's focus is more on inflation, he says. The Fed minutes Wednesday could explain why officials voted unanimously to raise rates in September while the G-7's decision to release 100 million barrels of crude and diesel over four months alleviates concern over a proposed U.S. diesel-export ban, he says. The DXY dollar index rises 0.3% to 102.225 after reaching a near 18-month high of 102.535 overnight.
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