Analysis: Dollar extends losses amid U.S. policy uncertainty
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币界网报道：On July 1, the dollar fell to its lowest level since February 2022 due to uncertainty over U.S. trade and fiscal policies. The reciprocal tariffs suspended by U.S. President Trump will end on July 9. Meanwhile, the U.S. Senate is holding a marathon vote on Trump's tax and spending bill. Investors have become more cautious ahead of the release of key U.S. job market data this week. These data include the JOLTs job openings data to be released on Tuesday and the non-farm payrolls report to be released on Thursday. Commerzbank analyst Volkmar Baur said in a report that data far below expectations will increase the likelihood of a Fed rate cut in July and could further weaken the dollar.
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