Forecasts & opinions
The U.S. dollar rebounded this week after last Friday's weak labour market data from the U.S. The U.S. economy added only 38,000 jobs in May.
The majority of market participants do not believe that the Fed will raise its interest rate next week. But market participants speculate that the Fed may hike its interest rates in July. That speculation supported the U.S. dollar this week.
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- Germany: ZEW Indicator of Economic Sentiment rose sharply in March
- UK unemployment rate unexpectedly dropped to 3.9%
- UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
- Switzerland's trade surplus rose in February