🔵 Here are the most prominent developments in the markets:
• The dollar has risen again with expectations that the Federal Reserve will move towards cutting interest rates only once in 2025.
• Federal Reserve member Raphael Bostic indicated the difficulty of reducing inflation to 2%, which reduces the possibility of continuing to cut interest rates.
⬅️ The market is currently leaning in favor of the dollar, but attention is turning to important data today .. Non-farm payrolls data for the private sector at 4:15 .. and the minutes of the Federal Reserve meeting at 10:00 Saudi time.
⬅️ Investors are awaiting signals from the minutes about the next interest rate decision, as fixing interest rates will be in favor of the dollar, while reducing them may weaken it.