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Dollar steadies ahead of U.S. jobs report
Dollar prices stabilize as markets await U.S. employment data, amidst escalating tensions in the Middle East and their impact on inflation expectations and interest rates. The data is expected to show a slowdown in job growth for May, following consecutive increases in previous months, which enhances the likelihood of the Federal Reserve raising interest rates. Additionally, ongoing regional tensions have led to a rise in the value of the dollar against other currencies, with the market turning its focus to the U.S. labor market reports as a key indicator of future policies.
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