Analyst: U.S. Unemployment Rate Could Fall to 4%
In Bitget news, Adam Button, an analyst at financial website Forexlive, said that seasonal factors will lead to a lower-than-expected unemployment rate, and that we are expected to see a reading of 4.0% instead of 4.1%. So, will the dollar rise as a result? It will. But I won't be chasing this rally because I'm concerned that election-related risks could drag the dollar down.
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