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NEWS: Initial reactions: Dollar falls after the weaker US jobs report. NASDAQ index rises. Dow falls. Yields fall May 07, 2021 at 01:46PM


Spike lower in the dollar is the initial post jobs reaction
The US dollar has fallen after the weaker to US jobs report. The exception is the USDCAD as Canada also reported weaker data (although influenced by lockdown). The US dollar was marginally higher going into the report with modest declines of -0.8% versus the EUR and GBP (see US opening report

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