Mumbai, Nov. 6 -- The dollar index pulled back under 100 mark on Thursday in Asia but continues to hold around a five month high. Improving risk appetite amid upbeat US data is adding pressure on the greenback. Data yesterday showed private-sector job creation rebounded in October. Private sector employment in the US climbed by 42K in October, compared to the 29K decrease (revised from -32K) recorded in the previous month, the Automatic Data Processing (ADP) showed on Wednesday. This figure came in better than the estimations of 25K. Meanwhile prolonged US government shutdown, over a month, is also undermining the American currency. Also, Fed Governor Stephen Miran suggested that another rate cut could be appropriate in December, adding, ...
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