The dollar was set for its biggest weekly drop in nearly three months after a tepid June jobs report reduced expectations for near-term Fed rate hikes. The softer labor data shifted rate-hike timing, weighing on the USD and supporting expectations of a less-hawkish Fed path.
The dollar was set for its biggest weekly drop in nearly three months after a tepid June jobs report reduced expectations for near-term Fed rate hikes. The softer labor data shifted rate-hike timing, weighing on the USD and supporting expectations of a less-hawkish Fed path.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
neutral
Sentiment Score
0.05
