Bridget布里奇特
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US Dollar Index (DXY) consolidates around 97.70-97.75 area, above one-week low
The USD lacks a firm intraday direction and oscillates in a narrow range during the Asian session.The USD ADP report lifted bets for two more rate cuts by the Fed and undermined the Greenback.A partial US government shutdown contributes to the bearish sentiment surrounding the buck. The US Dollar In
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Dollar Shrugs Off Manufacturing Weakness, Finishes Higher After ISM Report
Partner Center The ISM manufacturing PMI for September inched up to 49.1 from 48.7 in August, slightly beating the 49.0 consensus but remaining in contraction territory for the seventh consecutive month. While the headline showed marginal improvement, underlying components painted a concerning pictu
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Negative US private sector payrolls puts prospect of faster pace of Fed rate cuts back on the table
The US government shutdown may mean that we do not get the usual start of the month NFP report for September, however, there are other labour market data reports that will be released, including today’s ADP private sector payrolls report. This reported a decline of 32k jobs in the private sector las
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