TechFlow news, January 10 — According to Jinshi Data, Michael Brown, Senior Research Strategist at Pepperstone, said: "I believe the non-farm employment report will only encourage the dollar to continue rising. This has been the market's preference for some time and certainly helps reinforce the 'US exceptionalism' narrative, keeping the Fed relatively hawkish compared to other G10 central banks. The biggest risk to the bullish dollar outlook is that market participants may seek to take profits or reduce positions ahead of Trump's inauguration early next week."
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