On November 19, investors became cautious ahead of key data releases, and the dollar consolidated sideways. The Fed meeting minutes will be released at 3 AM on Thursday, Eastern Eight Time. Chair Powell stated that a rate cut in December is not a certainty. The most closely watched data this week is the delayed US Non-farm Payrolls (NFP) for September, which will be released on Thursday. The market's views on whether the Fed will cut rates in December vary, making the importance of this data even more pronounced.
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On November 19, investors became cautious ahead of key data releases, and the dollar consolidated sideways. The Fed meeting minutes will be released at 3 AM on Thursday, Eastern Eight Time. Chair Powell stated that a rate cut in December is not a certainty. The most closely watched data this week is the delayed US Non-farm Payrolls (NFP) for September, which will be released on Thursday. The market's views on whether the Fed will cut rates in December vary, making the importance of this data even more pronounced.