ING: Nonfarm payroll data and tariff decisions will moderately benefit the US dollar

According to ChainCatcher, citing Golden Ten Data, the upcoming U.S. December non-farm payrolls report will help clear up much of the recent data confusion caused by the government shutdown. ING foreign exchange strategist Francesco Pesole stated that the U.S. employment report is expected to perform well, enough for the Federal Reserve to maintain its accommodative policy for a longer period. Meanwhile, the Supreme Court is expected to rule Trump's tariff measures invalid. Taken together, these factors will have a moderately positive impact on the U.S. dollar.