Dollar weakened broadly in early US trade after a sharp miss in the ADP employment report. The data amplified concerns that US job growth is faltering, and rate markets reacted swiftly. A quarter-point Fed cut this month is now fully priced in, while the odds of another cut in December have jumped to nearly 90%. […]

The post Dollar Slips as Fed Cut Bets Surge on ADP, Yen and Sterling Firm appeared first on Action Forex.

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