November employment report in the United States expected amid mixed movements of Asian currencies
According to ChainCatcher, the November employment report in the United States is expected to be released later today, with Asian currencies showing mixed movements during early trading. Michael Wan, a currency analyst at Mitsubishi UFJ Financial Group, noted that if the non-farm payroll data for November is disappointing and the unemployment rate increases, this could strengthen the Federal Reserve's accommodative stance and potentially accelerate the selling of the US dollar until the end of the year. Given the recent shutdown of the US government, there may be concerns regarding the quality of the data, and the market should be prepared for fluctuations in interest and exchange rates.
