💨 Abstract

The U.S. dollar fell from two-month highs against major peers on Friday due to signs of labor market weakness boosting the case for quicker Federal Reserve rate cuts. Despite a strong jobs report last week, the dollar remained on course for a second straight weekly advance. Investors are now betting on a quarter-point cut on Nov. 7, up from 80.3% a day earlier. The two-year U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖