{"id":51016,"date":"2023-01-09T09:46:18","date_gmt":"2023-01-09T07:46:18","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=51016"},"modified":"2025-10-17T12:25:57","modified_gmt":"2025-10-17T09:25:57","slug":"usd-weakens-after-us-employment-report-for-december-is-out","status":"publish","type":"post","link":"https:\/\/www.ironfx-id.com\/fr\/usd-weakens-after-us-employment-report-for-december-is-out\/","title":{"rendered":"USD weakens after US employment report for December is out"},"content":{"rendered":"

The USD was on the retreat against its counterparts despite the release of the US employment report for December showcasing a tight US employment market for the past month with the unemployment rate dropping and the NFP figure dropping as well yet less than expected. The release as such tended to provide a breath of life to the Fed\u2019s idea of a possible soft landing of the US economy, from its monetary policy tightening, as the employment market tended to remain tight despite the continuous rate hiking. At the same time, we must note that the report tends to allow the Fed to continue on an aggressive rate hiking path, yet the market\u2019s and our expectations are for the bank to ease its monetary policy tightening. Attention now shifts toward the release of the US CPI rates for December on Thursday and a possible slowdown of the inflationary pressures in the US economy could raise market expectations for an easing of the Fed\u2019s hawkish stance even further. Also, the improvement of the market sentiment due to China\u2019s reopening may have caused some safe haven outflows for the greenback and further indications for a recovery of the Chinese economy could improve market sentiment even further. On the monetary front this week a number of Fed policymakers are scheduled to speak and could sway the market\u2019s opinion, yet the main interest is on Fed Chairman Powell who is scheduled to speak on Tuesday.<\/p>\n\n\n\n

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