💨 Abstract

The dollar stabilized on Friday as investors awaited the U.S. jobs report, which could influence the Federal Reserve's monetary policy decision next week. The yen maintained gains, as investors digested a less dovish message from the Bank of Japan. The U.S. dollar had a strong month in October, with the biggest gains since September 2022, as investors reduced aggressive bets on Fed rate cuts and considered the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖