Cooling labor market allows the Fed to sit tight at the upcoming FOMC meeting and pause – Commerzbank

The US employment report for May shows a mixed picture. While payrolls surprised with a strong 339 thousand increase, other details point to a slowdown.

The US central bank can then wait and see how things develop and, if necessary, tighten more at a later date.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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Dollar may quickly recover yesterday's losses on a strong labor market report – CommerzbankThe focus of the FX market is today aimed at the May labor market report. Esther Reichelt, FX Analyst at Commerzbank, believes that the US Dollar coul
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