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Philippines trade and fiscal deficits to pull down peso

Philippines trade and fiscal deficits to pull down peso
capital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capital.com Daily Mail and Mail on Sunday newspapers.

Malaysia s stockmarket sliding down a slippery slope

Dollar hits three-month high ahead of U S jobs test

Dollar hits three-month high ahead of U S jobs test
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Strong dollar strides towards U S jobs test

Asia session moves slight with all eyes on U.S. payrolls data SINGAPORE, July 2 (Reuters) - The U.S. dollar was perched at a 15-month high on the yen and at multi-month peaks against other majors on Friday, as traders wagered strong U.S. labour data could lift it even further. The jobs report is due at 1230 GMT and is forecast to show a solid rise of 700,000. But there is chatter about the number being even higher and of that upsetting an assumption that U.S. interest rates can stay at rock-bottom levels for years. The dollar has started July strongly; a U.S. non-farm payrolls meet or beat today would maintain that momentum, DBS Bank strategist Philip Wee said in a note to clients.

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