U.S. NFP Day: Which Way The Dollar, Gold & Equity Markets Will Go? - News Summed Up

U.S. NFP Day: Which Way The Dollar, Gold & Equity Markets Will Go?


So, the question is how is it going to influence the Dollar Index and the equity markets? Nonetheless, major institutions are still of the mind frame, there is more weakness ahead for the dollar index. The bank thinks that the dollar index could fall as much as 6 percent by the end of this year. If the jobs number falls below the 100K, it would firm the Fed’s dovish stance and it would mean more weakness for the dollar index. However, it is imperative to keep in mind that when we are talking about the dollar index, it is all in relative perspective.


Source: Forbes April 05, 2019 09:11 UTC



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