Dollar rebounded after August nonfarm payrolls jumped from a revised 21K in July to 162K, nearly three times the 58K consensus, while June and July were revised up a combined 55K. Yet September Fed hike probability only edged up to around 60%, and Treasury yields have yet to decisively break key resistance levels.
The post NFP Blows Past Forecasts—So Why Is Dollar Rebound Still Restrained? appeared first on ActionForex.
Dollar rebounded after August nonfarm payrolls jumped from a revised 21K in July to 162K, nearly three times the 58K consensus, while June and July were revised up a combined 55K. Yet September Fed hike probability only edged up to around 60%, and Treasury yields have yet to decisively break key resistance levels.
The post NFP Blows Past Forecasts—So Why Is Dollar Rebound Still Restrained? appeared first on ActionForex.
