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US$ sinks to 7-month lows on jobs data

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The dollar dropped to seven-month lows on Friday after data showed the US economy created fewer jobs than expected last month, which could derail a possible interest rate hike by the Federal Reserve in the second half of this year.

New York

THE dollar dropped to seven-month lows on Friday after data showed the US economy created fewer jobs than expected last month, which could derail a possible interest rate hike by the Federal Reserve in the second half of this year.

The greenback fell to seven-month troughs

sentifi.com

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