The dollar remains weak, and interest rate cut expectations rise to 85%.
2025-12-04 07:47:59
The dollar remained weak after hitting a five-week low last session as U.S. data and news about the next Federal Reserve chair boosted expectations of a rate cut. On Wednesday, the ADP private sector jobs report was weaker than expected, while ISM services data showed price pressures eased. LSEG data showed the market was pricing in an 85% chance of a Fed rate cut in December. (Golden Ten)
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