The dollar fell, and the market focused on non-critical data to speculate on the path of the Federal Reserve's interest rate cut
2025-12-01 07:50:16
The dollar is falling after the release of US economic data that could affect market expectations for the Federal Reserve's rate-cutting cycle. The ISM manufacturing survey will be released at 23 pm tonight, followed by the ISM services report on Wednesday. Other data this week include Wednesday's ADP private jobs 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 10, and the market expects the Federal Reserve to cut interest rates again. (Jin Ten)
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