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Will a Solid US Jobs Report Dampen Expectation for a Fed Cut This Month?

December 06, 2024
Overview: There are two broad developments in the G10 currencies ahead of the US jobs report. The euro, Swiss franc, sterling, Swedish krona, and the Canadian dollar are in tight ranges with a heavier bias. The others are off a 0.3%-0.7%. There have been various distortions, like storms and industrial action, which exaggerated the weakness of the …
Will a Solid US Jobs Report Dampen Expectation for a Fed Cut This Month? Will a Solid US Jobs Report Dampen Expectation for a Fed Cut This Month? Reviewed by Marc Chandler on December 06, 2024 Rating: 5
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