Deutsche Bank: The dollar recovers after non-farm payrolls decline, market rate cut expectations cool down

The US dollar index recovered the losses after the non-farm payroll data was released. Antje Praefcke, an analyst at Commerzbank, stated in a report that although the dollar initially fell due to the data, the market "did not really follow the trend that the Federal Reserve might cut rates again as early as January next year."

The threshold for another rate cut seems to have increased, so the dollar regained some ground. (Jin Shi)