Dollar Gains Momentum as Jobs Report Takes Center Stage
Thursday, 3 October 2024, 20:24
The dollar lingered near a six-week high on Friday, prepared for its biggest weekly gain since April, driven largely by safe-haven demand amidst escalating tensions in the Middle East.
The approaching jobs report is expected to play a pivotal role in shaping market sentiment. Analysts predict that the report could influence future monetary policy decisions.
- Safe-haven assets are becoming increasingly attractive.
- Market activity may remain subdued in anticipation of the report.
- Economic indicators are key for understanding future trends.
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.