Dollar Surges as Robust Payrolls Report Quashes Rate Cut Hopes

The dollar rallied against major currencies with strong payroll figures and higher hourly earnings, signaling persistent inflation and delaying rate cut expectations.

Published on 13 June 2024

The dollar rallied against major currencies with strong payroll figures and higher hourly earnings, signaling persistent inflation and delaying rate cut expectations.

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Hubpay on ADGM

Hubpay Limited is incorporated (registration number 000004051) under the laws of the Abu Dhabi Global Market (ADGM). We are licensed and regulated by the Financial Services Regulatory Authority (FSRA) for Providing Money Services under Financial Services Permission number 190024. Address: 15-116, WeWork, Al Khatem Tower, ADGM Square, Al Maryah Island, Abu Dhabi, 46617, AE

Hubpay on ADGM

Hubpay Limited is incorporated (registration number 000004051) under the laws of the Abu Dhabi Global Market (ADGM). We are licensed and regulated by the Financial Services Regulatory Authority (FSRA) for Providing Money Services under Financial Services Permission number 190024. Address: 15-116, WeWork, Al Khatem Tower, ADGM Square, Al Maryah Island, Abu Dhabi, 46617, AE