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Dollar hovers near 8-week low as payrolls test looms

The dollar hovered close to an
eight-week low on Friday, ahead of a crucial U.S. jobs report
that should provide clues on the timing of Federal Reserve
interest rate cuts.
The euro held.
-June 06, 2024 at 09:03 pm EDT
- MarketScreener ....

Kevin Buckland , Joseph Capurso , Federal Reserve , European Central Bank , Market Committee , Commonwealth Bank , Federal Open Market Committee , Lincoln Feast ,

US Dollar Hovers Near 8-Week Low Awaiting Crucial Jobs Report

The US dollar hovers near an eight-week low ahead of a crucial jobs report that may influence Federal Reserve interest rate cuts. The euro gains after the European Central Bank's rate reduction, while the dollar index remains stable. Traders anticipate softer non-farm payroll numbers, affecting future rate cut expectations. ....

Joseph Capurso , Market Committee , Federal Reserve , European Central Bank , Commonwealth Bank , Federal Open Market Committee ,

Pound Sterling Lifted By UK GDP Data, Inflation Data Crucial

Pound Sterling Lifted By UK GDP Data, Inflation Data Crucial
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United Kingdom , Joseph Capurso , Nicholas Hyett , Yael Selfin , Ruth Gregory , Liz Mckeown , Wealth Club , Commonwealth Bank , Pound Sterling , Suren Thiru , Capital Economics ,

Dollar nurses losses post soft jobs data, pound keeps gains

Dollar nurses losses post soft jobs data, pound keeps gains
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United States , Jacqueline Wong , Shunichi Suzuki , Himani Sarkar , Joseph Capurso , Rong Ren Goh , Commonwealth Bank , Monetary Policy Committee , Federal Reserve , Finance Minister Shunichi Suzuki , Federal Register ,