Dollar Weakens Amid Focus on Inflation Data and Fed Rate Cut Expectations
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Dollar Weakens Amid Focus on Inflation Data and Fed Rate Cut Expectations

The US dollar experienced its worst week since June, with traders anticipating key inflation and jobs data in early January. These reports are expected to guide the Federal Reserve's decisions on future interest-rate cuts, following three consecutive reductions this year aimed at stimulating economic growth. Trading volumes were subdued due to holidays, shifting focus to upcoming economic indicators for insights into the Fed's next moves.

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