Recent government shutdowns have caused significant data gaps. The US December non-farm employment report is about to be released, and this data can help clarify the true state of the economy during this period. Francesco Pesolo, a foreign exchange strategist at ING, believes that this employment data should perform well. If the employment figures are positive, the Federal Reserve will have reason to continue its accommodative monetary policy stance, which will provide mild support to the US dollar. Additionally, regarding high-level policy tariffs, the market expects that the Supreme Court may reject related measures. Overall, the combination of improved employment data + expectations of continued easing policies + easing policy uncertainties will moderately favor the US dollar exchange rate.
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BTCWaveRider
· 01-12 00:14
It's non-farm payroll data again. Every time, they say it will perform well, but what happens?
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SatoshiChallenger
· 01-10 07:03
It's that time again for "data speaks," and interestingly, the government shutdown itself indicates something... How good can this non-farm payroll report be?
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SleepTrader
· 01-09 10:50
Once again, it's the story of the dollar rising. Is this time for real... The expectation of easing combined with improving employment sounds pretty perfect.
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GasFeeCrier
· 01-09 10:45
Here we go again, talking about the dollar. I'm tired of this rhetoric. Good employment data means easing? What about inflation, brother?
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ParanoiaKing
· 01-09 10:44
The data gap during the government shutdown is really annoying. Hopefully, the non-farm payroll data won't bring another surprise.
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AirdropNinja
· 01-09 10:30
Employment data improves, the dollar stabilizes, this wave is really about to take off
Recent government shutdowns have caused significant data gaps. The US December non-farm employment report is about to be released, and this data can help clarify the true state of the economy during this period. Francesco Pesolo, a foreign exchange strategist at ING, believes that this employment data should perform well. If the employment figures are positive, the Federal Reserve will have reason to continue its accommodative monetary policy stance, which will provide mild support to the US dollar. Additionally, regarding high-level policy tariffs, the market expects that the Supreme Court may reject related measures. Overall, the combination of improved employment data + expectations of continued easing policies + easing policy uncertainties will moderately favor the US dollar exchange rate.