Forex
globalreutersFebruary 6, 20251 Mins read
US Q4 unit labor costs prelim +3.0% vs +3.4% expected
globalreutersFebruary 6, 20251 Mins read - Prior was +0.8% (revised to +0.5%)
- Productivity prelim +3.0% vs +1.4% expected
- Prior productivity +2.2% (revised to +2.3%)
This is a low-tier indicator but it’s dovish and emphasizes that the Fed will likely be able to cut later this year if there’s any weakness creeping into the economy.
This article was written by Adam Button at www.forexlive.com.
Recent Posts
Categories
Related Articles
Breaking the norm: Meta stock on epic 14-Day Winning Streak
Strong trends are Fast Directional, andTend to go farther than what traders...
Pound bounces back following today’s rate cut
The FX market is having a re-think on the Bank of England...
ECB’s Vujcic: Best thing to do is wait-and-see given high level of uncertainty
I can't remember a better time to be a central banker, as...
US dollar feels some fresh pressure
USD/JPY is hitting a fresh six-week low as the dollar weakens broadly.Since...
Leave a comment