US jobs jolt lowers US dollar

Apr 5, 2023 | Commodities, Currency, Economy, Money Market

US Treasury yields fell, led by the short end, after the much softer than expected US labour market JOLTs report. This dragged the USD down, says BNZ Markets this morning. “Commodity currencies have underperformed the move, the AUD much weaker after the RBA opted for a pause in rates,” says Jason Wong, senior markets strategist. […]

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US jobs jolt lowers US dollar

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