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Strength of US$ rebound depends on jobs data

Published Sun, Mar 27, 2016 · 09:50 PM
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New York

THE US dollar has work to do to convince traders that its first weekly gain in a month wasn't a fluke.

A gauge of the US currency rose the most since November last week after Federal Reserve officials signalled that interest rate increases may not be far off.

The upcoming March jobs report, which is forecast to show a 207,000 gain in non-farm employment, will help determine whether the greenback can sustain its rebound from a n…

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