Today’s US Nonfarm Payrolls report (forecast +56K, unemployment 4.2%) lands after markets scaled back 2027 Fed hike expectations while keeping a December increase at 68.4%. The Dollar Index has held support at 101.285–101.232 despite falling Treasury yields, and NFP will test whether that resilience can last.
The post NFP to Test Fed’s 2027 Rate Repricing as Dollar Holds Critical Support appeared first on ActionForex.
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Fed officials Beth Hammack and Thomas Barkin both backed further interest rate increases on Thursday, favouring gradual tightening as inflation remains above the central bank’s 2% target. Speaking at an event in Zurich, Cleveland Fed Read more…