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Posted 12 hours ago
U.S. Jobs Data Weakness Eases Rate-Hike Bets, EUR Higher
Soft U.S. employment data has prompted traders to reduce rate-hike expectations, supporting risk appetite. EUR/USD and other major pairs benefit as lower U.S. rate expectations weaken the dollar. This matters to FX traders because softer labor data typically shifts Fed policy outlook, driving near-term currency revaluation.
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11 hours ago
USD weakens on softer jobs data; JPY intervention risk rises
Weaker US employment data has pressured the dollar, but analysts see limited downside without additional catalysts. USD/JPY and broader dollar pairs face elevated risk from Japanese intervention as thin holiday liquidity amplifies volatility, with possible intervention already underway.
https://think.ing.com/articles/fx-daily-high-alert-on-jpy-intervention/New to MyTradingLand?
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