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USD: Dollar weaker ahead of employment data

The dollar is slightly weaker this morning after rallying earlier this week due to rising treasury yields.

Jobs data and home sales figures will be released for the US today. The number of Americans filing jobless claims are predicted to have fallen slightly in the third week of January.

In a recent news conference, President Biden said that he thinks Vladimir Putin is set to “move in” on Ukraine and said that Putin would pay a “serious and dear price” if this happened. However, he also stressed that he does not want a “full blown war”.

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