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The dollar rose as Fed uncertainty sparked rate cut bets, tech sell-offs, and yen concerns.
The U.S. dollar strengthened against major currencies, including the euro and pound, amid conflicting Federal Reserve signals that reignited speculation of a December rate cut, though the dollar held firm.
Markets reacted to fading enthusiasm for tech stocks like Nvidia, weakening risk appetite, and sustained pressure on the Japanese yen, raising concerns about potential government intervention.
Key currency pairs showed mixed technical signals, with EUR/USD falling below 1.1550, USD/CAD holding above 1.4100, and GBP/USD trading in a narrow range, while broader trends remained cautious despite strong U.S. jobs data.
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El dólar subió a medida que la incertidumbre de la Fed provocó apuestas por recortes de tasas, ventas de tecnología y preocupaciones sobre el yen.