Dollar braces as investors up their bets on huge U.S. rate cuts
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NewsTranscript
00:00The dollar fell to one-month lows against the yen and other currencies due to concerns over the U.S. economic outlook and
00:07expected Federal Reserve rate cuts. The yen rose on safe haven demand and anticipated rate hikes from the Bank of Japan.
00:15Markets are worried ahead of Friday's U.S. nonfarm payrolls report with high options volatility
00:22indicating potential major currency moves.