Miner Company
NFP Preview: Jobs To Drive Volatility Amid 'Operation Epic Fury' And Implications For The DXY, Dow Jones
Market expectations call for a significant deceleration in job growth (58k-65k), with sticky Average Hourly Earnings (+0.4% m/m) being the "danger zone" for potential stagflation. A strong NFP (> 100k) could see DXY rise toward 100.40 as rate cuts are priced out; a weak NFP (< 50k) could push DXY down toward 98.00 on bets of a Fed pivot.
Market expectations call for a significant deceleration in job growth (58k-65k), with sticky Average Hourly Earnings (+0.4% m/m) being the "danger zone" for potential stagflation. A strong NFP (> 100k) could see DXY rise toward 100.40 as rate cuts are priced out; a weak NFP (< 50k) could push DXY down toward 98.00 on bets of a Fed pivot.