Friday, 4 October 2019

US Dollar Rises on Mixed NFP, Fed Rate Cuts Still Expected

US Nonfarm Payrolls rose by 136k in September, below expectations of 145k. NFP enough to calm recession fears but weak enough to expect Fed rate cuts.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...