Analyst: US unemployment rate could fall to 4%
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Analyst: US unemployment rate could fall to 4%
Forexlive analyst Adam Button said: "Seasonal factors will push the unemployment rate lower than expected, and we're likely to see a reading of 4.0% instead of 4.1%. Will the dollar rise as a result? Yes. But I wouldn't chase this rally higher, as I'm concerned that election-related risks could weigh on the dollar."
TechFlow news, November 1: Adam Button, analyst at financial website Forexlive, said: "Seasonal factors will push the unemployment rate lower than expected. We're likely to see a reading of 4.0%, rather than 4.1%. Will the dollar rise as a result? Yes. But I won't chase this rally, as I'm concerned that election-related risks could weigh on the dollar."




