Dollar Holds Firm as US Jobs Data Weaker But Not Disastrous

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Today’s US job data pointed to a softer labor market but stopped short of signaling a collapse. The numbers reinforced the message that hiring is slowing, though not disastrously, giving the Fed justification to ease policy modestly without raising alarm over economic stability. Markets remain almost unanimous in pricing a 25bps cut this month. The […]The post Dollar Holds Firm as US Jobs Data Weaker But Not Disastrous appeared first on Action Forex.