The US dollar is rebounding following Wednesday's data showing a lower-than-expected increase in US private payrolls for November, suggesting a gradual cooling of the labor market. Market focus now shifts to Friday's non-farm payrolls for further insights. At the same time, the euro weakened to a three-week low due to increased expectations of ECB rate cuts beginning March 2024, with significant easing anticipated by year's end. Meanwhile, the pound's trajectory depends on other major...
Read more
Read more