A weak labor market may limit the dollar's gains as investors remain cautious
ChainCatcher News, according to Golden Ten Data, Rania Gule, an analyst at XS.com brokerage, stated that unless Friday's non-farm payroll report is stronger than expected, the current rally of the US dollar may be limited and only temporary. She pointed out that the dollar is "in a fragile position," and any signs of further weakness in the labor market could push it lower. Despite recent weak data, the dollar has still risen slightly, reflecting investors' preference to hold positions and wait for clearer prospects before making moves.
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