Macro Finance
Dollar Ends Week at Lowest Since May as Rate-Hike Bets Fade
Bloomberg Markets·August 7, 2026·1 min read
The dollar fell Friday after soft US labor data reduced expectations that the Federal Reserve will raise interest rates in the near term. The currency ended the week at its lowest level since May as rate-hike bets faded among traders reacting to the weaker-than-expected employment figures.
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