NFP Shock Slams Dollar, March Fed Cut Now More Likely Than Not

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Dollar came under broad pressure in early US trade after delayed employment data confirmed a deeper-than-expected loss of momentum in the labor market. The October payrolls collapse was the key shock. A steep contraction marked the third negative print in six months, a development that few had anticipated. To compound the damage, both August and […]The post NFP Shock Slams Dollar, March Fed Cut Now More Likely Than Not appeared first on ActionForex.