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Currency markets trade cautiously ahead of key economic data
The dollar traded mixed as markets awaited key economic data that could influence interest rate expectations and near-term currency direction.
The U.S. dollar traded mixed as investors positioned cautiously ahead of a heavy economic data calendar. Employment figures and macro indicators are expected to shape interest rate expectations and near term currency moves. Subdued positioning reflects uncertainty around policy direction, with traders awaiting clearer signals before committing to directional bets.