Hong Kong, 10 August 2026 – The US dollar remained pinned near a two-month low against major peer currencies on Monday morning, as global foreign exchange markets digested weaker-than-expected United States employment metrics while awaiting critical inflation data to clarify the Federal Reserve’s monetary policy path. The greenback’s retreat reflects a sharp recalibration in interest rate expectations following unexpected labor market contractions, pulling Treasury yields lower and boosting major international currencies.
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