NFP Blows Past Forecasts—So Why Is Dollar Rebound Still Restrained?

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Dollar rebounded after August nonfarm payrolls jumped from a revised 21K in July to 162K, nearly three times the 58K consensus, while June and July were revised up a combined 55K. Yet September Fed hike probability only edged up to around 60%, and Treasury yields have yet to decisively break key resistance levels.The post NFP Blows Past Forecasts—So Why Is Dollar Rebound Still Restrained? appeared first on ActionForex.