US FX WRAP: Dollar boosted by labour data ahead of NFP; Antipodes lag amid pressure in metals

The dollar's strength following the labor data suggests that recent U.S.

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US FX WRAP: Dollar boosted by labour data ahead of NFP; Antipodes lag amid pressure in metals

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economic indicators could support more hawkish expectations from the Fed. In contrast, the lagging performance of Antipodean currencies indicates vulnerability, likely tied to declining metal prices affecting trade balances. Traders should watch for further dollar resilience against these currencies as market dynamics evolve leading into the NFP release.

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