Dollar Surges as Robust Payrolls Report Quashes Rate Cut Hopes

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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