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ING Bank: Non-Farm Payrolls Data and Tariff Ruling to Moderately Benefit US Dollar
Summary: According to Jinshi News, the upcoming release of the US December non-farm payrolls data report will help alleviate the recent data confusion caused by the government shutdown. Francisco Pesolo, a foreign exchange strategist at ING Group, stated that it is expected the US employment report will perform well, enough to allow the Federal Reserve to ...
According to Jinshi News, the upcoming release of the US December non-farm payrolls data report will help alleviate the recent data confusion caused by the government shutdown. Francisco Pesolo, a foreign exchange strategist at ING Group, stated that it is expected the US employment report will perform well, enough to allow the Federal Reserve to maintain loose policies for a longer period, while the Supreme Court is likely to rule Trump's tariff measures invalid. Taken together, these factors will moderately benefit the US dollar.
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Link: ING Bank: Non-Farm Payrolls Data and Tariff Ruling to Moderately Benefit US Dollar [Copy]
