Economy
The dollar falls sharply after weak employment data in the US as the Fed becomes more cautious
The dollar plummets after weak US employment figures (57,000 jobs in June) and the Fed lowers the likelihood of a rate hike in September to 45%.
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Spot gold falls 0.19% to $4,167 per ounce, yet stays close to two-week highs after weak US employment data lowers Fed rate hike expectations.
The dollar plummets after weak US employment figures (57,000 jobs in June) and the Fed lowers the likelihood of a rate hike in September to 45%.