The dollar fell against all of its major peers before pivotal US payroll data due Friday, but strategists say the pullback may just be temporary.
Bloomberg’s gauge of the US currency slipped for a second day after climbing to a 10-month high on Wednesday. The greenback turned lower as falling Treasury yields sapped demand for the currency.
The dollar has strengthened against all of its Group-of-10 peers in the past six months, with the yen and New Zealand dollar leading losses. Authorities from Japan to South Korea have been seeking to bolster their currencies as the surging greenback threatens to fan inflationary pressures.
France Dernières Nouvelles, France Actualités
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