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US dollar depressed ahead of U.S. jobs data
The dollar dipped in Thursday afternoon trade ahead of Friday’s U.S. government jobs report, which is forecast to show slowed growth and will inform market expectations of interest-rate cuts in 2019. An employee shows fifty-euro notes in a bank in Sarajevo in this March 19, 2012 file photo. The U.S. Labor Department’s non-farm payrolls report includes public and private-sector employment, both of which are expected to have dropped in May, according to a Reuters poll of economists. A slowdown was evident in the ADP National Employment Report released on Wednesday, which showed private U.S. employers added 27,000 ... (full story)