Dollar Falls as Traders Pare Fed-Hike Bets After Soft Jobs Data
The dollar fell to a session low 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.
Original · Bloomberg AI summary of public reporting
Why: Soft US jobs data → lower Fed hike odds → USD selloff
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Prices since publication
At publication → CurrentEUR1.127 → 1.12−0.6%
JPY157.12 → 158.25+0.7%
SP5007,740 → 7,812+0.9%