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Weak US labor data, optimism spreads on US stocks, Bank of England pauses in dovish stance
Bitget2024/05/10 13:40
According to Jinshi, the Bank of England has paused its dovish stance and may cut interest rates more than expected in the future. Weak US labor data weighed on the US dollar index and boosted US stocks. However, investors were reluctant to sell the US dollar aggressively before the CPI data was released.
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