The market originally priced in a rate cut to 6.18, but last night's unexpectedly strong US Non-farm Payrolls (NFP) data indicates that the urgency for another rate cut is not high, and it is currently postponed until the end of June.
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The market originally priced in a rate cut to 6.18, but last night's unexpectedly strong US Non-farm Payrolls (NFP) data indicates that the urgency for another rate cut is not high, and it is currently postponed until the end of June.