US Dollar Hovers Near Multi-Year Lows Awaiting Labor Data
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币界网报道：The U.S. dollar remains near multi-year lows as investors await key labor market data that could influence the Federal Reserve's monetary policy decisions. Market participants are closely watching nonfarm payrolls and unemployment figures for signs of economic strength, which may determine the pace of future interest rate hikes. The dollar index, which measures the greenback against a basket of major currencies, has been under pressure amid expectations of slower Fed tightening. Analysts suggest weaker-than-expected jobs data could further weigh on the dollar, while strong numbers may provide temporary support. Currency markets remain cautious ahead of the release.
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