According to Odaily, Société Générale has released a report suggesting that upcoming US economic data may confirm a steady cooling of the job market, potentially supporting a Federal Reserve rate cut and a weaker dollar. The bank's foreign exchange strategists stated that if the trend shows a gradual relaxation in the labor market, it would point towards a rate cut, though not at the currently expected pace. They noted that this could introduce some volatility into the foreign exchange market. However, the bank still recommends selling the dollar on any rebound unless the job market completely stops relaxing.