THE US dollar traded mixed and shy of its recent peak. This marked a correction in the currency after a week of gains and post bumper non-farm payroll numbers report which boosted speculation on more rate hikes from the Federal Reserve.
Wagers for future rate hikes from the Fed have diminished to about 45% for December compared to 47% two weeks ago. Sluggish global growth remains the key theme as markets go deep into the summer months.
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