[OCBC Bank: If Non-Farm Payrolls are Significantly Revised Downward, It May Put Pressure on the Dollar] OCBC Bank forex analysts Frances Cheung and Christopher Wong pointed out that the dollar is rising, but the overall fluctuation range remains limited to recent levels. The market is still waiting for the results of two key data points: first, the non-farm employment data to be released on Friday, and second, the preliminary benchmark revision data from the Bureau of Labor Statistics next Wednesday. If this preliminary revision data shows weakness, it may change the current market perception of the labor market and put pressure on the dollar.
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OCBC Bank: A significant downward revision of non-farm payrolls may exert pressure on the US dollar.
[OCBC Bank: If Non-Farm Payrolls are Significantly Revised Downward, It May Put Pressure on the Dollar] OCBC Bank forex analysts Frances Cheung and Christopher Wong pointed out that the dollar is rising, but the overall fluctuation range remains limited to recent levels. The market is still waiting for the results of two key data points: first, the non-farm employment data to be released on Friday, and second, the preliminary benchmark revision data from the Bureau of Labor Statistics next Wednesday. If this preliminary revision data shows weakness, it may change the current market perception of the labor market and put pressure on the dollar.