The U.S. Dollar is trading mixed after job data showed stronger-than-expected November payrolls but higher unemployment and downward revisions for October. Retail sales exceeded expectations, and traders are now focused on Thursday’s inflation data. Meanwhile, the race for the next Federal Reserve Chair is intensifying, with Kevin Warsh emerging as a potential favorite over Kevin Hasset. The British Pound is the top G10 performer, supported by strong PMI data signaling economic stabilization, though it’s unlikely to impact the Bank of England’s expected rate cut this week. The Euro is also gaining strength, with Euro Zone PMI marking a year of expansion, though momentum is slowing. The ECB is expected to hold rates steady at two percent during Thursday’s policy meeting.
