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Dollar gains on employment data and Fed rate hike forecasts

Dollar gains on employment data and Fed rate hike forecasts

The US dollar rose slightly, supported by American labor market data showing an increase in job opportunities and the unemployment rate. The number of available jobs exceeded expectations, reaching 7.594 million in May. Additionally, the Consumer Confidence Index saw an uptick, while U.S. Treasury yields rose amid expectations of a potential interest rate hike by the Federal Reserve.

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