Dollar Rebounds as Solid NFP Eases Urgency for Fed Action
Posted 3 July 2025Dollar rebounded in early US session following the better-than-expected June non-farm payrolls report, further reversing much of the week’s earlier weakness. While not a blowout, the report showed a labor market that remains fundamentally resilient, and significantly reduces pressure on the Fed to pull the trigger at the July meeting. Fed Chair Jerome Powell and […]
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Dollar Selloff Stalls Before NFP Test: Calm Before the Shock?
Posted 3 July 2025Dollar is pausing its recent slide as markets brace for today’s Non-Farm Payrolls report, but its recovery remains shallow. Barring its gains against the troubled British Pound, the greenback remains broadly weaker against major currencies for the week. Traders are increasingly wary of a downside surprise in the jobs report, which could revive speculation that […]
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