This week's pack of US data will decide the dollar's fate

This week, the news backdrop will be much stronger than in the previous one. The lion's share of essential reports will come from America, so I will focus on them in this article. Before delving into the data that could significantly affect the dollar's fate, I should note – the labor market and unemployment reports are currently the most crucial because they, along with inflation, influence when the Federal Reserve will stop raising rates and start lowering them. Reports on GDP or business activity are nowhere near as influential as the aforementioned ones.


Analysis are provided by InstaForex

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