Charting the markets: 03 May
Today's focus is on anticipated non-farm payroll data's impact on the US dollar and equity markets, considering recent Federal Reserve actions on interest rates.
We also share insights on market dynamics, highlighting the equity market's delayed reaction to economic realities and the underperformance of the tech sector. Also discussed is the US dollar's potential movements against the euro, contingent on the payroll data, and recommended a cautious approach to trading ahead of these figures.
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