Global FX Daily - Nonfarm payroll beat lifts the dollar -BBVA Market Strategy

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2025/07/04

Global FX Daily – Nonfarm payroll beat lifts the dollar

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- Tariffs back in focus
- Higher UST yields lift USDJPY, but the JPY finds support in overnight data
- LatAm FX gains despite a broadly stronger USD after US data
- Chile’s BCCh minutes point to a July cut, as also telegraphed in the IPoM

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Global FX Daily – Nonfarm payroll beat lifts the dollar

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