All eyes will be on U.S. jobs data on Friday for signs of weakness after the U.S. Federal Reserve kicked off its easing cycle with an outsized 50 basis point cut in September. The Fed took pains to frame the cut (larger than earlier 25 basis point cuts from most other advanced economy central banks) […]
The post U.S. Unemployment Rate Likely Inched Higher in September appeared first on Action Forex.
Monday, Sep 30, 2024 Tuesday, Oct 1, 2024 Wednesday, Oct 2 2024 Thursday, Oct 3, 2024 Friday, Oct 4, 2024 The post Summary 9/30 – 10/4 appeared first on Action Forex.
Fed policymakers maintain a dovish stance, and market participants are pricing in a potential 50 basis point rate cut in November. The US dollar hit a fresh YTD low, while Gold and Silver continued to Read more…
U.S. Highlights The Federal Reserve’s preferred inflation metric, the core PCE index, continued to cool in August with the 3- and 6-month annualized trends converging closer to the Fed’s 2% target. Federal Reserve officials who Read more…