Why US Treasuries Outperformed German Bunds But EUR USD Still Falters
The latest data on US payrolls strengthens expectations for a 25 basis points rate cut by the Federal Reserve. Markets had predicted a 70% likelihood of this outcome before the announcement. Despite the solid performance of US Treasuries compared to German Bunds, the EUR USD exchange rate faces challenges. Traders need to closely monitor the upcoming economic reports. These reports could play a critical role in influencing currency movements. Keep an eye on the latest trends to better understand market dynamics.
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