US Dollar Weakened After Soft NFP Jobs Data, But Later Recovered
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#b9c27144 ver:0.98
The US dollar initially weakened against the yen after soft NFP jobs data, but later recovered. The dollar index reached its highest level this year before the release of the data. The Federal Reserve's decision to hold rates steady also contributed to the dollar's weakness. FX strategists predict further weakening of the dollar if central bank policies diverge. The US economy has seen progress, but inflation remains high and uncertain. Overall, the NFP report showed a modest increase in jobs and a slight uptick in the jobless rate, alleviating inflation concerns. #USD #forex #economy...
#newstr #UsJobsData #Yen #Dollar #FederalReserve #InvestorSentiment #Asia #Stocks #WageGrowth #InflationConcerns #TreasuryYields #Aud/usd #Eur/usd #GoldPrices #BitcoinCash #BankOfEngland #ReserveBankOfAustralia #Usd/jpy #CrudeOilPrices
https://here.news/story/b9c27144?ver=0.98
US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
npub12z…e8pry
2024-05-06 01:59:55
Author Public Key
npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pryPublished at
2024-05-06 01:59:55Event JSON
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"content": "US Dollar Weakened After Soft NFP Jobs Data, But Later Recovered\n===============\t\n#b9c27144 ver:0.98\n\nThe US dollar initially weakened against the yen after soft NFP jobs data, but later recovered. The dollar index reached its highest level this year before the release of the data. The Federal Reserve's decision to hold rates steady also contributed to the dollar's weakness. FX strategists predict further weakening of the dollar if central bank policies diverge. The US economy has seen progress, but inflation remains high and uncertain. Overall, the NFP report showed a modest increase in jobs and a slight uptick in the jobless rate, alleviating inflation concerns. #USD #forex #economy...\n\n#newstr #UsJobsData #Yen #Dollar #FederalReserve #InvestorSentiment #Asia #Stocks #WageGrowth #InflationConcerns #TreasuryYields #Aud/usd #Eur/usd #GoldPrices #BitcoinCash #BankOfEngland #ReserveBankOfAustralia #Usd/jpy #CrudeOilPrices \n\n https://here.news/story/b9c27144?ver=0.98",
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