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US Dollar Falls to Two-Month Lows Amid Disappointing Jobs Report

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USD AUD NZD
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The US dollar fell to two-month lows after the July jobs report showed a decline in employment.

The July report indicated a 23k decrease in employment, missing expectations for an 85k increase.

This led to a drop in the USD index, which reached its lowest level since June 15.

The Australian dollar and kiwi were among the gainers, with AUD/USD up 0.5% and NZD/USD up 0.4%, reaching two-month highs.

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