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Dollar Dips as Labor Market Slowdown Bolsters Case that Fed is Done Raising Rates
USD/JPY declines on expectations BOJ will let rates rise quickly Fed rate cut bets fully priced in by March meeting; implied rate stands at 5.123% Fed’s Bostic noted US employment gains are slowing in an orderly manner, no need for tightening NFP Day The US economy should continue to gradually weaken as the labor market […] The post Dollar Dips as Labor Market Slowdown Bolsters Case that Fed is Done Raising Rates appeared first on Action Forex...
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Posted: Aug 4 2023, 14:45
Author Name: actionforex
Views: 092048