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[Analysis suggests the September non-farm payroll report must fall significantly below expectations to weaken the dollar] Mitsubishi UFJ foreign exchange analyst Lee Hardman stated that the U.S. Bureau of Labor Statistics has canceled the release of the October non-farm payroll report and postponed the November report to December 16. This leaves the Federal Reserve with only the September non-farm payroll data to reference for its December decision. Due to the uncertainty in the labor market conditions for October and November, the Fed may pause rate cuts in December. Analysts believe that the September non-farm payroll report would need to fall significantly below expectations to prompt the market to increase bets on a Fed rate cut in December, thereby weakening the dollar.

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