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Analyst: Risk aversion and small non-farm data boost the dollar
2024-10-03 03:19
Odaily News The New Zealand dollar weakened against the U.S. dollar in Asian trading as U.S. President Joe Biden said on Wednesday that the Group of Seven is coordinating a response to Iran's attack on Israel, which includes new sanctions on Tehran. Investors continued to seek safety in the U.S. dollar, Maybank analysts said in a foreign exchange research and strategy report, noting that sanctions may be imposed. Analysts said better-than-expected U.S. ADP data also boosted the dollar. (Jinshi)