The dollar fell as markets focused on non-key data to speculate on the Federal Reserve's interest rate cut path.
B.news
The dollar fell as markets focused on non-key data to speculate on the Federal Reserve's interest rate cut path.
The US dollar is reportedly falling, and previously released US economic data may influence market expectations regarding the Federal Reserve's rate-cutting cycle. The ISM Manufacturing Survey will be released tonight at 11 PM, followed by the ISM Services Report on Wednesday. Other data this week includes Wednesday's ADP Private Employment Report. Due to the recent US government shutdown, key employment and inflation data will not be released until after the Federal Reserve's policy decision on December 10th, with the market anticipating another rate cut.
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