Rabobank's Foley Sees 'Weakened' Confidence in Dollar

Jane Foley, head of foreign exchange strategy at Rabobank, said stronger-than-expected U.S. payrolls data provided support to the dollar but noted confidence in the currency has weakened. Foley told Bloomberg Television that if upcoming consumer price inflation data comes in above expectations, the dollar could receive additional support. She did not specify a timeframe for when such data would be released or published.

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