US Dollar Price Action: NFP Data and Trump Fed Remarks to Drive GBP/USD & EUR/USD Volatility – Key Forex Levels to Watch
Key Points:US Dollar Index (DXY) slips to 97.00 as markets bet on a Fed rate cut in September following soft economic data.June NFP forecast shows just 110K new jobs; unemployment expected to rise to 4.3%, fueling dovish sentiment.Trump criticizes Fed and Japan trade terms, urging lower interest rates and better U.S. trade balances.Market OverviewThe US Dollar Index (DXY) slipped to 97.00 during Monday’s Asian session, down 0.35% on the day. The decline follows weak US economic data and growing