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May 1, 2025

US Dollar Seeks Stability Ahead of Job Data: Forex Analysis on EURUSD, USDJPY, and USDCAD

The introduction of extensive tariffs as part of former President Trump’s ambitious economic policies has negatively impacted dollar pricing. The U.S. dollar has fallen to levels not seen since early 2022, prompting investors to favor currencies from regions with more stable policy environments.

As markets anticipate upcoming job data that could influence the dollar’s strength, traders relay their attention on key pairs such as EURUSD, USDJPY, and USDCAD.

The dollar’s performance in the coming days could set the tone for broader sentiments across forex markets, positioning investors carefully ahead of significant data releases.

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