Dollar Recovers From Losses After U.S. Jobs Data

Group 1 - The dollar recovered after hitting a 10-week low due to the delayed U.S. nonfarm payrolls report for November, which indicated an unexpected rise in the unemployment rate to 4.6% [1] - Despite the initial drop in the dollar following the data release, the market is not anticipating a Federal Reserve interest rate cut as early as January [1] - The likelihood of another rate cut has increased after the recent Fed meeting, contributing to the dollar's regained strength [2]