The U.S. Bureau of Labor Statistics will release the December non-farm payroll data on Friday. Economists forecast that the number of new jobs will reach 60,000, and the unemployment rate will decline slightly to 4.5%. The report is expected to increase volatility in the dollar as it provides key clues about the Federal Reserve's policy path. Currently, market participants believe the likelihood of a rate cut this month is low, but the chance of a rate cut in March is approximately 45%.
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The U.S. Bureau of Labor Statistics will release the December non-farm payroll data on Friday. Economists forecast that the number of new jobs will reach 60,000, and the unemployment rate will decline slightly to 4.5%. The report is expected to increase volatility in the dollar as it provides key clues about the Federal Reserve's policy path. Currently, market participants believe the likelihood of a rate cut this month is low, but the chance of a rate cut in March is approximately 45%.