US Dollar Index bears poke five-month low ahead of US NFP – by anilpanchal7 DollarIndex RiskAppetite NFP YieldCurve Fed
ge versus the major six currencies justifies the market’s cautious mood ahead of the key US employment data for November.
On the other hand, the consecutive three days of the downtrend of Chinese daily Covid infections from a record high allowed the policymakers to tease the “next stage” in battling the virus while announcing multiple easing of the activity-control measures., as well as downbeat comments from US Treasury Secretary Janet Yellen, initially raised hopes of easy rate hikes.
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