US Jobs Report Effect on Currency Pair and Federal Reserve's Rate Stance Before CPI Release
Friday, 5 April 2024, 17:07
US Employment Data Impact on Markets
The US dollar strengthened after the surprisingly positive US employment data, but was met with resistance as Fed officials hinted at delaying rate cuts. Traders are on edge ahead of the upcoming US CPI report and potential BoJ intervention, which could affect the USD/JPY pair.
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