🚨 US DOLLAR SLIPS AS #WEAK JOBS DATA FUELS BETS ON DECEMBER FED RATE CUT 🇺🇸

🔹The U.S. dollar weakened after data showed firms shedding over 11,000 jobs weekly through late October, signaling a cooling labor market. Traders now see a 67% chance of a 25 bps Fed rate cut in December.

🔹The yen hit a nine-month low, while U.S. Treasury yields dipped. Markets await a government reopening to release key economic data, adding to global currency volatility.

-Reuters