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Today’s episode of Monex USA’s Daily Market Update covers mixed US Non-Farm Payroll data, with 177,000 jobs added in April, steady unemployment at 4.2%, and revised down figures from previous months. The US Dollar is under pressure as traders adjust expectations for Federal Reserve rate cuts ahead of Wednesday’s meeting. Risk-on currencies like the Australian and Canadian Dollars are rallying, driven by optimism around US-China trade talks. Key developments this week include the Fed’s stance on employment and inflation and potential updates on Canadian-US trade relations. Stay tuned for more insights tomorrow!
