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U.S. Dollar Rises to Largest Gain Since April 8, Up 0.6% for the Week

2026-06-06 13:43:41

According to Jinshi Data citing Citi strategist Noah Buffam, on June 5, the U.S. dollar index posted its largest single-day gain since April 8, rising 0.6% for the week and marking the biggest weekly advance in three months. Strong U.S. employment data released Friday, with May job growth exceeding market expectations and the unemployment rate holding steady, bolstered dollar strength amid broader market appetite for U.S. assets.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Tonight, the US May non-farm payrolls report will be released; a more hawkish stance from the Federal Reserve could either impact or disrupt the crypto market

Gate Instant Trends06-05 10:58

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