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ING: US dollar could strengthen further if nonfarm payrolls data comes in strong
According to The Wall Street Journal, ING analyst Chris Turner stated that if the upcoming U.S. non-farm payrolls data comes in strong, it could reinforce market expectations for further rate hikes by the Federal Reserve and provide support for the US dollar. At the time of the report, the US Dollar Index (DXY) rose 0.4% to 101.979.
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