US Economic Exceptionalism Narrative Faces Major Test as Nonfarm Payrolls Report Looms
===============
#79b66922 ver:1.18
The US Dollar strengthens as robust PMI data suggests a strong economic expansion. However, the upcoming Nonfarm Payrolls report could challenge this narrative. If the report disappoints, it may impact the US Dollar and provide an opportunity for bears to fade into the rally. Economists predict slower job growth and steady unemployment rate, signaling easing inflation pressures. Markets focus on the timing and number of Fed cuts in 2024. #USD #economy #NFP #jobs #inflation...
#newstr #UsDollar #S&pPmis #FederalReserve #NonfarmPayrolls #UsEconomicExceptionalism #Usd/jpy #Usd/cnh #UsLaborMarketConditions #InflationPressures #FedCuts
https://here.news/story/79b66922?ver=1.18
NZD/USD Trades Sideways Ahead of US Manufacturing PMI /
npub1dy…0ldtw
2024-07-04 12:00:13
Author Public Key
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wss://relay.nostr.bandPublished at
2024-07-04 12:00:13Event JSON
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"content": "US Economic Exceptionalism Narrative Faces Major Test as Nonfarm Payrolls Report Looms\n===============\t\n#79b66922 ver:1.18\n\nThe US Dollar strengthens as robust PMI data suggests a strong economic expansion. However, the upcoming Nonfarm Payrolls report could challenge this narrative. If the report disappoints, it may impact the US Dollar and provide an opportunity for bears to fade into the rally. Economists predict slower job growth and steady unemployment rate, signaling easing inflation pressures. Markets focus on the timing and number of Fed cuts in 2024. #USD #economy #NFP #jobs #inflation...\n\n#newstr #UsDollar #S\u0026pPmis #FederalReserve #NonfarmPayrolls #UsEconomicExceptionalism #Usd/jpy #Usd/cnh #UsLaborMarketConditions #InflationPressures #FedCuts \n\n https://here.news/story/79b66922?ver=1.18",
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