🛑🛑🛑 Urgent update breaking news
🔴 Here are the most notable developments:
• Yesterday, the purchasing managers’ index for the US manufacturing sector improved, which gave the US dollar support against gold, currencies, and indices.
• This week we await the European and Canadian interest rate decisions, which are expected to be reduced.
• At the same time, the US interest rate is not expected to be cut before next September.
• This makes the US dollar strong against the euro and the Canadian dollar so far.
• During the week, we also await the monthly US jobs data for the private sector tomorrow, Wednesday, and Friday.
• But the most important data will be Friday for the general government sector regarding jobs, unemployment and wages.
• In general, our view remains the same as the relatively slanted performance of the dollar.
• Today, the markets are awaiting the release of the US jobs statement at 5:00 Saudi time.
🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR
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