In a tense atmosphere, the global foreign exchange market is holding its breath for the US non-farm payrolls data to be released tonight Beijing time. This data not only provides the market with a direct indicator of the vitality of the US economy, but is also a key factor affecting the volatility of the global foreign exchange market. The global foreign exchange market is nervously waiting for the US non-farm payrolls data tonight, which is expected to affect the timing of the Fed’s interest rate cut. Analysts have different opinions on the performance of the data, but some believe that the US labor market is still strong.
Analyst expectations and market sentiment
US dollar: Caution and expectations on the eve of non-farm
Euro: Stability after the ECB’s interest rate cut
Pound: Strong near March highs