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US dollar struggles as the countdown to non-farm payrolls begins ...Middle East
The US dollar is struggling today, particularly against the euro, pound and Canadian dollar. The pound is at a three-week high and looks to have carved out an inverted head-and-shoulders pattern.The dollar is weakening after a rise in initial jobless claims today but the bigger focus will be on tomorrow's non-farm payrolls report and any signals from Fed officials ahead of Friday's blackout, which begins at midnight.The strongest signal we have heard so far is from the Fed's Waller, who said he was 'leaning' towards a December hike but it would depend on upcoming data. He specifically cited non-farm payrolls as one of five indicators he's watching but warned that it's likely to be skewed by
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