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U.S. dollar: US dollar eases after blowout jobs number

"This mornings data pushed expectations for the first rate cuts further into late 2024, but failed to convince market participants of another hike this year, meaning that short-term yields - which play a dominant role in driving foreign exchange moves - remained relatively stable," Karl Schamotta, chief market strategist at Corpay in Toronto, said.
United Kingdom Stony Welch Karl Schamotta Corpay Schamotta Monex United States Us Dollar

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