Weak employment data failed to prevent the dollar from stabilizing; market focus shifts to the non-farm payroll report.
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According to ME News, on February 6th (UTC+8), despite weak US employment data, the dollar remained stable after hitting a two-week high on Thursday. The US Labor Department reported that job openings in December fell to their lowest level in more than five years. Market focus shifted to the non-farm payroll data, delayed due to the government shutdown, which will be released next Wednesday. Additionally, Trump's nomination of Kevin Warsh as Federal Reserve Chairman boosted the dollar, with markets anticipating restrictive policies from him. The dollar index remained flat at 97.819. (Source: ME)
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