Market analysis: The Fed will remain relatively hawkish
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Odaily Odaily News: Michael Brown, senior research strategist at Pepperstone, said, "I think the non-farm payrolls report will only encourage the dollar to continue to rise, which has been the market's preference for some time. It will certainly help reinforce the theme of "American exceptionalism" and should keep the Fed relatively hawkish compared to other members of the G10 group. The biggest risk to the bullish view of the dollar is that market participants may seek to take profits/cut positions before Trump's inauguration early next week. (Jinshi)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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