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Weak US Job News Undercuts the Dollar

Foreign Exchange & Fixed Income

Rich Asplund

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November 6, 2025

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Barchart

The dollar index (DXY00 ) on Thursday fell by -0.49%. The dollar retreated on Thursday after a report from Challenger showed US job cuts in October surged by 175% y/y, the most in 22 years, bolstering the outlook for the Fed to keep cutting interest rates. Also, the dollar is...

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