DXY (USD), GBP/USD. DAX, Oil forecast: Look Ahead 3rd May
City Index City Index
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 Published On May 2, 2024

USD looks to the non-farm payroll report, which comes following Wednesday's Federal Reserve rate decision. Therefore it may be less market moving that usual.
Given the stronger ADP payroll & jobless claims, as well as the rise in ISM manufacturing PMI employment sub-component suggests that the headline number could be stronger than expected.

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