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October 7, 2024
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How a rates rethink after strong US jobs data could shake up markets

“… the dollar shot to a seven-week high against a basket of currencies on Friday and may have more gains ahead if bearish investors are forced to unwind their bets. "Dollar bears had unquestionably gotten too far over their skis coming into this week, and are now suffering the consequences," Karl Schamotta, chief market strategist at payments company Corpay in Toronto”

Read the Reuters article here.