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Forex Latest On USD

Discussion in 'Forex Forum' started by George45, Jan 5, 2023.

  1. George45

    George45 Member

    Jun 1, 2022
    USD strength is showing up today as DXY is testing a breakout above the 105.00 level.
    This morning’s ADP numbers gave a boost to the Greenback but tomorrow’s NFP report may be more impactful as intense focus will be paid to the Average Hourly Earnings (AHE) component for signs of wage growth and the unemployment rate for signs of impact to the labor market from the Fed’s brisk pace of rate hikes last year.

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