Dollar saw broad-based weakness in early US session following a much weaker-than-expected non-farm payroll report. Headline job growth came in well below forecasts, though market reaction remains tempered, as the data is widely believed to be heavily skewed by recent hurricanes and strikes. With unemployment rate holding steady and wage growth surpassing expectations, the underlying […]
The post Dollar Falls on Weak NFP Job Growth, But Losses Remain Limited appeared first on Action Forex.
RBA to stand pat at 4.35% Aussie may not be affected from this meeting Decision due on Tuesday at 3:30 GMT RBA policy to remain unchanged The upcoming Reserve Bank of Australia (RBA) policy meeting on November 5 Read more…
Traders lock gaze on Tuesday’s US election Trump and Harris battle neck and neck in final stretch Fed to decide whether to cut interest rates RBA and BoE decisions are also on next week’s agenda Read more…
We expect the Federal Reserve to cut rates by 25bp at the November meeting, which is nearly fully priced in by the markets at the time of writing. US October Jobs Report and Election Date Read more…