NFP Viewed as Dovish but Not Disastrous, Dollar Declines
The August US non-farm payroll report has been interpreted as largely dovish by the markets. Job growth showed clear signs of slowing, but the slight decrease in the unemployment rate has helped ease immediate recession fears. As a result, market expectations for a 50 bps rate cut by Fed this month have now risen above […] The post NFP Viewed as Dovish but Not Disastrous, Dollar Declines appeared first on Action Forex.
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The August US non-farm payroll report has been interpreted as largely dovish by the markets. Job growth showed clear signs of slowing, but the slight decrease in the unemployment rate has helped ease immediate recession fears. As a result, market expectations for a 50 bps rate cut by Fed this month have now risen above […]
The post NFP Viewed as Dovish but Not Disastrous, Dollar Declines appeared first on Action Forex.
