Dollar falls amid rate cut cycle, company news and fundamental reviews
Market Reviews
• Investors greeted with moderate optimism the surprising downward revision of previously published US labor market figures. Firstly, the fact was within expectations. Secondly, it fuels hopes for a Fed rate cut. Third, the data still showed job growth, which means it provides a low base for future numbers and does not indicate a recession in the United States.Otherwise everything is calm. The global economy is slowing down. Elections are approaching. The holiday season is ending. We are preparing for new bouts of volatility.
• With the vast majority of Fed policymakers...