The dollar weakened near a one-week low on Thursday as traders weighed the impact of the US government shutdown, while poor jobs data raised expectations that the Federal Reserve would cut interest rates twice more this year.
The dollar index, which measures the greenback against a basket of six currencies, fell 0.14% to 97.59. It suffered the sharpest decline against the safe-haven yen, which fell 0.3% to 146.69.
After four consecutive days of declines, traders considered how long the US government shutdown would last, its impact on economic data releases, and how it would influence the Fed's decision-making. (alg)
Source: Reuters
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