Disappointing US Data Followed by Better Japanese Wages and Stronger German Factory Orders Weigh on the Greenback
Marc Chandler
September 05, 2024
Overview: The one-two punch of the disappointing US job opening report and the downbeat Beige Book weighs on the US dollar, which is softer against all the G10 currencies. The Canadian dollar is a notable exception. Prime Minister Trudeau's minority Liberal Party lost key support and the Bank of Canada affirmed expectations for more rate cuts.…
Disappointing US Data Followed by Better Japanese Wages and Stronger German Factory Orders Weigh on the Greenback
Reviewed by Marc Chandler
on
September 05, 2024
Rating:
Reviewed by Marc Chandler
on
September 05, 2024
Rating:
