2024-09-27 22:42
业内Dollar pressured before payrolls data, poised
The dollar was under pressure on
Friday and was poised for its worst weekly performance for the
year, as investors waited on a key U.S. jobs report that is
expected to back expectations for a near-term Federal Reserve
rate cut to support a slowing economy.
Not helping the U.S. currency was the European Central
Bank's policy review on Thursday where it refrained from hinting
at an interest rate cut and instead pushed back the timing of
its first rake hike since the 2008 financial crisis.
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Dollar pressured before payrolls data, poised
| 2024-09-27 22:42
The dollar was under pressure on
Friday and was poised for its worst weekly performance for the
year, as investors waited on a key U.S. jobs report that is
expected to back expectations for a near-term Federal Reserve
rate cut to support a slowing economy.
Not helping the U.S. currency was the European Central
Bank's policy review on Thursday where it refrained from hinting
at an interest rate cut and instead pushed back the timing of
its first rake hike since the 2008 financial crisis.
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