Dollar slips as traders bring forward bets on rate cuts
The currency fell to a three-month low against a basket of peers after softer jobs data.
By SKAAH Media Webdesk, Newsroom
· 2 min read
The dollar fell to its lowest level in three months on Thursday as softer employment figures led traders to bring forward expectations of interest rate cuts.
Gold prices rose and emerging-market currencies strengthened as investors moved away from the US currency.
Strategists said further weakness would depend on next week's inflation data.
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