U.S. Jobs Data & March CPI: Impact on Dollar Rally in the Week Ahead

Saturday, 6 April 2024, 12:40

The recent U.S. job data exceeded expectations, fueling the re-acceleration hypothesis and reinforcing U.S. exceptionalism. However, the dollar rally couldn't be sustained. The upcoming release of March CPI figures will be crucial in shaping market sentiment and assessing economic growth prospects.
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U.S. Jobs Data & March CPI: Impact on Dollar Rally in the Week Ahead

Week Ahead: U.S. Jobs Data & March CPI

The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of U.S. exceptionalism.

However, the dollar rally couldn't be sustained. The upcoming release of March CPI figures will be crucial in shaping market sentiment and assessing economic growth prospects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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