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Dollar slides, gold shines after soft US labor market data

Dollar slides, gold shines after soft US labor market data

Global Market Insights - Forex, Futures, Stocks

May 10, 20243m 51s

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Dollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. Sterling retreats on BoE decision, but recovers after GDP stats.

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