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Dollar climbs to two-month peak as Fed hike bets ramp up
The dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this year. The yen, meanwhile, weakened significantly, nearing intervention levels as the Bank of Japan lags behind other central banks in policy normalization.
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economictimes.indiatimes.com
Dollar firms after strong US jobs data, pushes yen through 160 level
The dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded expectations, boosting the dollar…
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Dollar climbs to two-month peak as Fed hike bets ramp up
The dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this year. The yen, meanwhile, weakened…
