The dollar fell slightly, markets focused on US non-farm employment report looking for hints of Fed interest rate cuts
Source: Binance
Time: 2025-09-05 17:08:09
According to Jinshi data, the dollar fell slightly, and the market awaited a U.S. non-farm jobs report in search of hints of the Federal Reserve's pace of interest rate cuts. McKenney, strategist at JPMorgan Asset Management, said a slowdown in immigration growth and moderate job growth do not necessarily mean a slowdown in the labor market.
Investors should focus on unemployment and wage growth to gain a clearer picture of the Fed’s next move.