Breaking
Posted 3 hours ago
US jobs miss eases Fed rate-hike expectations
Friday's weaker-than-expected US employment report triggered expectations of a dovish Fed pivot, weakening the dollar and lifting emerging-market currencies and equities at the open. USD weakness favors EM carry trades and commodity-linked currencies; JPY strength reflects coordinated intervention with US Treasury. This aligns with the broader market narrative of Fed credibility erosion and USD de-risking.
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