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Bloomberg

Dollar Falls to Lowest Level Since May as Rate Hike in Doubt

Friday, August 7, 2026


The dollar declined Friday following the release of U.S. labor data that was weaker than expected, reducing market expectations for a near-term Federal Reserve interest rate increase.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-07/dollar-falls-to-lowest-level-since-may-as-rate-hike-in-doubt

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