Analyst: US unemployment rate may drop to 4%

GoldenOctober2024

On November 1st, Jinshi Data reported that Adam Button, an analyst at the financial website Forexlive, said that seasonal factors will cause the unemployment rate to be lower than expected. It is expected that we will see a reading of 4.0% instead of 4.1%. So, will the US dollar pump because of this? Yes, it will. But I won’t chase this pump because I’m concerned that election-related risks may drag down the US dollar.

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