Back to News
Market Impact: 0.55
Dollar Falls as Traders Pare Fed-Hike Bets After Soft Jobs Data
Source: Bloomberg
Economic DataMonetary PolicyInterest Rates & YieldsCurrency & FX
The dollar fell to a session low after US September job growth came in below expectations. The weaker labor data prompted traders to reduce bets on another Federal Reserve interest-rate increase this year, reinforcing a more dovish policy outlook and pressuring the currency.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.15
More News
- Traders Waver on Fed Hike Bets After Jobs Report
- EM Assets Find Relief as US Jobs Data Eases Rate Fears
- The next weak link in Europe’s bond market? UBS has a new short position
- Traders Waver on Bets For Another Rate Hike This Year
- France debt crisis: Bond investors have rendered a ‘guilty’ verdict and are pricing in growing odds of a sovereign default, analyst says
- US Stocks Rise Despite Soft Jobs Report