The latest ADP private employment report provided a modest dose of reassurance to the Fed, showing that U.S. job growth may be stabilizing after a period of softness. Following the data, Fed funds futures reflected roughly 70% chance of a December rate cut, up slightly from last week but still leaving room for doubt. Markets […]
The post Muted Market Reaction After ADP; Risk Tone Steadies but Caution Persists appeared first on Action Forex.
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