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Dollar slips as bets for third Fed cut rise ahead of jobs revision

Dollar slips as bets for third Fed cut rise ahead of jobs revision

Global Market Insights - Forex, Futures, Stocks

September 9, 20255m 25s

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US employment expected to be revised down by 800,000 for year to March. A bigger revision could bolster bets for 50-bps rate cut in September. Dovish expectations pummel bond yields and dollar, lift stocks and gold. Euro and French bonds stay calm after PM Bayrou ousted.

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