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Dollar Falls After U.S. Trade Report, Jobs Data

U.S. trade report for October and jobs data for November have been released at 8:30 am ET Friday. Following these reports, the greenback dropped against its major counterparts.

The greenback was trading at 103.97 against the yen, 0.8902 against the franc, 1.2157 against the euro and 1.3470 against the pound around 8:35 am ET.

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Forex News

Inflation data from the U.S. garnered maximum attention this week on the economics front, along with the interest rate decision by the European Central Bank. Read our stories to find out how these two key events are set to influence monetary policy in the months ahead. Other main news from the U.S. were the release of the minutes of the latest Fed policy session and the jobless claims data. Elsewhere, the interest rate decision by the Bank of Canada was also in focus.

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