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Dollar nurses losses as U.S. economic doubts undercut rally. Published. 1 month ago. on. 08/02/2021. By. linker 5. By Stanley White. TOKYO (Reuters) – The dollar nursed losses against most currencies on Monday as disappointing U.S. jobs data caused some investors to scale back bets on a rebound in the greenback.

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Dollar nurses

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Published. 1 month ago. on. 08/02/2021. By. linker 5. By Stanley White. TOKYO (Reuters) – The dollar nursed losses against most currencies on Monday as disappointing U.S. jobs data caused some investors to scale back bets on … FOREX-Dollar nurses losses as traders await more data to determine direction.

Dollar nurses

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Speculators’ net bearish bets on the dollar fell to $29.95. billion for the week ended Feb. 2, compared with a net short. position of $33.81 billion for the previous week, according to. 2021-03-11 2021-03-10 Euro/Dollar $1.2094 $1.2091 +0.03% -1.01% +1.2098 +1.2083.
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The dollar was mostly flat against the Japanese yen JPY= at 103.31, after slipping about 1.3% last week. The Aussie was up 0.2%, having jumped 3.3% last week. Investor focus will also be on sterling and the euro this week with UK-EU trade negotiations coming to a head with the EU summit on Nov. 15.

The dollar traded at 108.37 yen FOREX-Dollar nurses losses as traders await more data to determine direction.

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Related Articles. Dollar Set for Short-Term Gain, * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * Jobs data takes shine off dollar rebound * Investors looking to U.S. CPI, timing of stimulus * Ethereum falls in spot market as traders eye The dollar index against a basket of six major currencies stood at 91.084, nursing a 0.6% loss from Friday. Speculators' net bearish bets on the dollar fell to $29.95 billion for the week ended Feb. 2, compared with a net short position of $33.81 billion for the previous week, according to calculations by Reuters and U.S. Commodity Futures TOKYO, Feb 8 — The dollar nursed losses against most currencies today as disappointing US jobs data caused some investors to scale back bets on a rebound in the greenback. The euro held gains versus the dollar but faces a test later today with data that is expected to show German industrial output growth slowed at the end of last year.

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