Dollar Jumps after Strong NFP, Traders Abandon Bets on 50bps Fed Cut
Dollar surged across the board during early US trading after the all-around stronger-than-expected non-farm payroll report. The data showed much higher-than-anticipated job growth, a slight decrease in unemployment rate, and an acceleration in wage growth. This robust set of figures has led traders to largely abandon bets on a 50bps rate cut by Fed in […] The post Dollar Jumps after Strong NFP, Traders Abandon Bets on 50bps Fed Cut appeared first on Action Forex.
Dollar surged across the board during early US trading after the all-around stronger-than-expected non-farm payroll report. The data showed much higher-than-anticipated job growth, a slight decrease in unemployment rate, and an acceleration in wage growth. This robust set of figures has led traders to largely abandon bets on a 50bps rate cut by Fed in […]
The post Dollar Jumps after Strong NFP, Traders Abandon Bets on 50bps Fed Cut appeared first on Action Forex.
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