Commerzbank: The Market Is Not Buying Into a Rate Cut in January Next Year
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According to Odaily, the US Dollar Index has recovered the losses following the release of nonfarm payroll data. Antje Praefcke, an analyst at Commerzbank, stated in a report that although the dollar initially fell due to the data, the market "did not really follow the trend that the Federal Reserve might cut rates again as early as January next year." The threshold for another rate cut appears to have risen, so the dollar has regained some ground. (Golden Ten Data)
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