Forex Markets Continue to Monitor Rate Cut Expectations

Thursday, 22 February 2024, 20:19

The weekly US labour market report reinforced the Fed's stance on monetary policy, leading to a restrained reaction in the Greenback. Investors are closely watching for signals of potential rate cuts and their impact on the forex markets. The focus remains on economic data and central bank communications for future trading decisions.
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Forex Markets Continue to Monitor Rate Cut Expectations

Forex Markets Analysis

Another solid print from the weekly report of the US labour market lent extra support to the Fed’s tighter-for-longer narrative, although the move in the Greenback was limited.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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