Dollar Surges, Fed Cut Bets Slide, as Jobless Claims Drop Below Key 200k Mark

Dollar climbed sharply in early US session as markets continued to pare back bets on a Fed rate cut in Q1 2026, a move driven by stronger-than-expected labor market data. Initial jobless claims fell back below the psychological 200k mark, countering dovish concerns about extended labor-market deterioration. Odds of a March rate cut have collapsed
The post Dollar Surges, Fed Cut Bets Slide, as Jobless Claims Drop Below Key 200k Mark appeared first on ActionForex.

Dollar climbed sharply in early US session as markets continued to pare back bets on a Fed rate cut in Q1 2026, a move driven by stronger-than-expected labor market data. Initial jobless claims fell back below the psychological 200k mark, countering dovish concerns about extended labor-market deterioration. Odds of a March rate cut have collapsed […]

The post Dollar Surges, Fed Cut Bets Slide, as Jobless Claims Drop Below Key 200k Mark appeared first on ActionForex.

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