TechFlow, November 19 — According to Jinshi Data, as investors grow more cautious ahead of key data releases seeking clues on the future path of U.S. rate cuts, the dollar is trading in a sideways range. The minutes from the Federal Reserve's latest meeting will be released at 3:00 AM Beijing time on Thursday. Chairman Powell has stated that another rate cut in December is not guaranteed. However, the most anticipated release this week remains the delayed September non-farm payroll data due out on Thursday. With market participants still divided on whether the Fed will cut rates in December, the importance of this data has become even more pronounced.
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