Framing Analysis
All verified reports confirm that June 9 was a Tuesday on which the U.S. dollar edged lower, U.S. employers added more jobs than expected in May, Treasury yields surged on the prior Friday, and Iran and Israel announced on Monday that they had halted direct attacks. President Trump had appealed for the halt, while Tehran issued a conditional warning regarding Hezbollah. Market commentary attributed the currency move to a shift toward a real-rates narrative.