ChainCatcher news, the US dollar fell before the release of US employment data, which may change the Fed's expectations of rate cuts. Antje Praefcke, a foreign exchange analyst at Commerzbank, said in a report that the dollar may "oscillate back and forth" on Wednesday and Thursday, but "almost no one will risk a heavy position in one direction" because Friday's report will be decisive.
She said that the August employment data is particularly important, after the July report had already triggered speculation about a larger rate cut. (Jinshi)