Before the release of US employment data, the US dollar rose

--

Odaily Planet Daily News: Before the release of US non farm payroll data, the US dollar rose. Non farm employment data may provide hints about the timing of the Federal Reserve's next interest rate cut. Dutch International Group economist Francisco Pessolay stated in a report that the risk balance favors a rise in the US dollar, as potentially strong employment data could "prompt the market to digest the March rate cut and potentially push the first fully priced rate cut beyond June". If the data is weaker than expected, investors may reduce their long positions in the US dollar that bet on its rise. However, these bulls may rebuild at a better level before the upcoming key data and Trump's presidential inauguration on January 20th. (Golden Ten)

24/7 Flashes

More >
Today 2025-12-17
13:13

Fuxi Community Live: The bullish market loses confidence, and the plot may reverse again

13:03

ETHGAS 完成 1200 万美元代币融资并推出以太坊 Blockspace 期货市场

13:01

Wall Street giant DTCC Picks privacy focused blockchain Canton Network for tokenization

12:57

Arthur Hayes received 32.42 million USDC from multiple platforms in the past 2 days

12:48

CZ称曾拒绝某国总统上币请求并警示中介诈骗