💨 Abstract

The article reports that the U.S. dollar rose after the job growth in January slowed but the unemployment rate decreased to 4.0%. The Federal Reserve is expected to hold off on interest rate cuts until at least June. Traders are now pricing in just one rate cut this year. The euro and British pound also fell in trading. The dollar rose against the yen due to expectations of higher interest rates in Japan.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖