The dollar fell as the market focused on non-key data to speculate on the Fed's interest rate cut path
According to Jin Ten, the dollar exchange rate is declining, and the recently released U.S. economic data may affect the market's expectations for the Federal Reserve's interest rate cut cycle. The ISM Manufacturing Survey report will be released tonight at 11 PM, followed by the ISM Services report on Wednesday. Other data this week includes the ADP private employment report on Wednesday. Due to the recent U.S. government shutdown, key employment and inflation data will not be released until after the Federal Reserve's policy decision on December 10, and the market expects the Federal Reserve to cut interest rates again.
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