R) pair drops for the second consecutive day amid mixed sentiment in the market ahead of the all-important US Nonfarm Payrolls , up for publishing on Friday.
Recently, China’s State Council announced multiple measures to conserve and boost consumer demand and favored the risk-on mood in Asia. Additionally, weekend comments from European Central Bank and the Federal Reserve officials suggest nearness to the policy pivot and offered reason to better prepare the US Dollar for this week’s employment report for July.
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