Dollar eases after hitting highest in two weeks

By X-blogger - on September 3, 2024

US Dollar Index Daily Chart

The dollar edged down but remained within striking distance of its highest level in almost two weeks as investors’ focus moved to a U.S. jobs report due at the end of this week. U.S. payrolls will be crucial after Federal Reserve chair Jerome Powell pivoted from a battle against inflation to a readiness to guard against job losses.

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