Coin界 News: On January 7, the US dollar maintained a steady trend despite US private sector employment data coming in slightly below expectations. According to ADP data released today, private sector employers added 41,000 jobs in December. Economists surveyed by The Wall Street Journal had previously expected employment to increase by 48,000. However, last month's data was revised upward to show employers cutting 29,000 jobs, compared to the initially reported decline of 32,000 jobs. The US dollar index remained essentially unchanged after the ADP data release, holding steady at 98.601. The market is awaiting Friday's US non-farm employment report, which could influence market expectations regarding the timing of the Fed's next rate cut.
Coin界 News: On January 7, the US dollar maintained a steady trend despite US private sector employment data coming in slightly below expectations. According to ADP data released today, private sector employers added 41,000 jobs in December. Economists surveyed by The Wall Street Journal had previously expected employment to increase by 48,000. However, last month's data was revised upward to show employers cutting 29,000 jobs, compared to the initially reported decline of 32,000 jobs. The US dollar index remained essentially unchanged after the ADP data release, holding steady at 98.601. The market is awaiting Friday's US non-farm employment report, which could influence market expectations regarding the timing of the Fed's next rate cut.