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US dollar hits seven-week low as job data hints at potential Fed interest rate cuts.
The US dollar fell to a seven-week low as investors brace for potential job data revisions suggesting a weaker job market.
This could prompt the Federal Reserve to cut interest rates by 25 basis points in September, with a 10.6% chance of a larger 50 basis point cut.
The dollar index dropped to 97.344, while gold prices held near record highs and the euro and yen strengthened against the dollar.
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El dólar estadounidense llega a su mínimo de siete semanas, ya que los datos de empleo sugieren posibles recortes de las tasas de interés de la Fed.