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US Dollar extends losses ahead of nonfarm jobs report
As we transition to the latter parts of the working week, the focus will be shifting towards OPEC and oil prices, as well as the US economy with Friday’s jobs report set to take centre stage. Elsewhere, the pound remains in focus as we get closer to the December 12 UK snap election. Sterling’s ongoing rally prevented the FTSE from staging a similar rebound we saw in other global stock markets yesterday. Today, the FTSE fell again, and US equity markets struggled shortly after the open amid confusion over the US-China trade situation and concerns over valuations. Dollar under pressure: The surging British pound ... (full story)
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