On November 19, investors became cautious ahead of key data releases, and the dollar consolidated sideways. The Fed meeting minutes will be released at 3 AM on Thursday, Eastern 8 Time. Chairman Powell stated that a rate cut in December is not a done deal. The most closely watched event this week is the release of the September delayed US Non-farm Payrolls (NFP) data on Thursday. The market's views on whether the Fed will cut rates in December are divided, which further highlights the importance of this data.
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The Fed meeting minutes are about to be released, and the market is following the September delayed US Non-farm Payrolls (NFP) data.
On November 19, investors became cautious ahead of key data releases, and the dollar consolidated sideways. The Fed meeting minutes will be released at 3 AM on Thursday, Eastern 8 Time. Chairman Powell stated that a rate cut in December is not a done deal. The most closely watched event this week is the release of the September delayed US Non-farm Payrolls (NFP) data on Thursday. The market's views on whether the Fed will cut rates in December are divided, which further highlights the importance of this data.