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Macro Finance

Dollar Falls as Traders Pare Fed-Hike Bets After Jobs Data

Bloomberg Markets·October 2, 2026·1 min read

The dollar fell on Friday after a report showed the US added fewer jobs than expected in September, leading traders to trim bets the Federal Reserve will raise interest rates this year. The weaker-than-expected jobs data pressured the greenback as markets adjusted their expectations for monetary policy.

Read at Bloomberg Markets
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