Awaiting weak Non-Farm Payrolls – Live
US Non-Farm Payrolls are set to rise by an unimpressive 145K jobs in September, but real expectations stand at the lower ground after leading data was exceptionally weak. Wages are forecast to increase by 0.3% MoM and 3.2% YoY, a solid read. The data feeds into the Federal Reserve’s decision in late October. Markets are pricing a high chance that the Fed will cut interest rates for the third consecutive time. The US Dollar has been on the back foot ahead of the publication.
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