ONTRADE Forex

Forecasting the upcoming week: Focus shifts to US inflation and the ECB

Forecasting the upcoming week: Focus shifts to US inflation and the ECB
The US Dollar (USD) accelerated its decline at the end of the week, weighed down by disheartening prints for US Nonfarm Payrolls in August (+22K jobs). The data did nothing but add further conviction to a most likely interest rate cut by the Federal Reserve at its September 17-18 meeting.

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