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The US dollar climbed for the fourth straight day, buoyed by declining jobless claims and resilience in the labor market, pressuring EURUSD and GBPUSD amid ECB leadership uncertainty and cautious BoE…
EURUSD weakened near $1.18 as a hawkish Fed stance boosted the US dollar. ECB leadership uncertainties persist, but eurozone rates likely remain steady amid contained inflation.
Dollar strengthens on strong US economic data and Fed minutes; euro and sterling weaken amid ECB leadership uncertainty and mixed inflation data in the UK.