BlueberryMarkets

US JOBS DATA LIFTS USD

TVC:DXY   U.S. Dollar Index
The NFP numbers came in strong for the US which saw a spike in the price
of the USD Index. This data could be seen to have put a dampener on investors
minds in how quickly the Federal Reserve is to cut rates in the future.
If the data continues to be good for the US the need to cut rates could be pushed
back.
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