The US dollar edged lower, analysts say employment data release will intensify forex volatility
ChainCatcher News, according to Golden Ten Data, the US Dollar Index (DXY) edged lower today. Danske Bank analyst Jesper Fjarstedt stated that the resumption of US employment data releases could intensify short-term forex volatility, especially as multiple employment reports before the December Federal Reserve meeting may trigger significant market fluctuations. If the Federal Reserve keeps rates unchanged in December, the US dollar is expected to strengthen by the end of the year.
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