Dollar weak as cracks in US labour market spur rate cut bets

Dollar weak as cracks in US labour market spur rate cut bets

The U.S. dollar softened on Thursday in a volatile week as investors contended with bond market jitters while weighing data that showed a weakening labour market, which reinforced expectations the Federal Reserve will cut rates this month. With the Fed focused on the labour market, Friday’s crucial jobs report will set the tone for the … Read more