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Dollar Extends Gains on Data Showing Fall in U.S. Job Cuts

The dollar rose to a near 18-month high against a basket of currencies as U.S. employers announced 43,281 job cuts in September, down 18% from August.

DXY

S. job cuts fell in September. S. employers announced 43,281 job cuts in September, down 18% from a month earlier, according to the Challenger, Gray & Christmas report.

The report follows a 58% increase in job cuts in…