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2024-05-06 07:00:33

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Steady After Soft Jobs Report, Yen Weakens =============== #b9c27144 ...

US Dollar Steady After Soft Jobs Report, Yen Weakens
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#b9c27144 ver:1.01

The US dollar remains steady after a soft jobs report, while the yen weakens. The speculation of a rate cut by the Federal Reserve in September has put selling pressure on the dollar. The Bank of Japan's interventions have propped up the yen, but the market still sees it as a sell. The US job growth slowed in April, increasing the likelihood of a rate cut. The dollar index is at 105.12, the euro is up at $1.0765, and the sterling is at $1.2547. #USD #JPY #Fed #jobsreport...

#newstr #Usd/jpy #Yellen #CurrencyIntervention #UsEmploymentData #ForeignExchangeMarkets #FederalReserve #InterestRates #Inflation #BankOfJapan #BankOfEngland

https://here.news/story/b9c27144?ver=1.01
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