Dollar Recovers On Strong US Economic Data

Image source: Pixabay
Last Friday’s US jobs report sent a message to the currency market that it shouldn’t be so sure about where the Fed is headed next. We’ve seen a lot of pricing in of peak rates and the start of rate cuts and yet, Friday’s strong US data would argue the Fed still needs to be leaning more hawkish.
Video Length: 00:01:06
More By This Author:
Traders Caught Off Guard By BoJ Ueda
When Bad News Is Bad News
Bank Of Canada Policy Decision On Tap
Disclaimer: Any opinions, news, research, analyses, prices or other information ("information") contained on this video, constitutes marketing communication and it has not been ...
moreComments
Please wait...
Comment posted successfully
No Thumbs up yet!