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Back Fundamental analysis
The Dollar Weakens Ahead of US Employment Data (NZD/USD May Rise, While #NDX Faces Downside Risk)
The U.S. dollar continues to edge
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The U.S. dollar continues to edge lower following the short-lived rally triggered by the Federal Reserve's latest policy meeting. Market participants are now focused on the upcoming June employment reports from ADP and the U.S. Department of Labor.As anticipated, the U.S. dollar is likely to continue its gradual decline toward the end of June as markets await fresh U.S. labor market data, which could determine the direction of both the dollar and broader financial markets ahead of the release of
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Pati Gani,
Analytical expert of InstaForex
© 2007-2026
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