Dollar Dips Ahead of Crucial Jobs Report, Fed Rate Cuts Loom ...Middle East

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Dollar Dips Ahead of Crucial Jobs Report, Fed Rate Cuts Loom
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The dollar hovered close to an eight-week low on Friday ahead of a crucial U.S. jobs report that could provide clues on the timing of Federal Reserve interest rate cuts. The euro held on to overnight gains after the European Central Bank reduced rates in a well-telegraphed move, but offered few hints about future easing as lingering inflation clouds the outlook.

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