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Dollar Tumbles on US Labor Market Concerns and Euro Strength

Foreign Exchange & Fixed Income

Rich Asplund

·

June 5, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.31% and posted a 6-week low. The dollar retreated today after US weekly jobless claims unexpectedly rose to a 7-3/4 month high, a dovish factor for Fed policy. The dollar was also pressured after US Q1 nonfarm productivity was revised lower...

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