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US dollar nears two-month low ahead of inflation data as weak jobs report reshapes Fed expectations
The US dollar index fell to 99.6 after July payrolls shed 23,000 jobs, slashing September rate hike odds to 44% ahead of key CPI data on August
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coindesk.com
The U.S. lost 23,000 jobs in July, far shy of forecasts for a gain of 80,000
Prior to the report, markets were split on whether the Fed would hike rates at its next policy meeting in September.
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economictimes.indiatimes.com
US unemployment rate eases to 4.1%; employers cut 23,000 jobs in July
The United States economy unexpectedly lost jobs in July, which may affect Federal Reserve decisions. Nonfarm payrolls decreased by 23,000 jobs, contrary to economist expectations…
