US Economic Update: Trade Deficit Widens, Productivity Surges, Jobless Claims Stable - What's Next for the Dollar?

One Million Trade - 2024-05-02 12:30:00

The latest US economic data reveals a widening trade deficit, higher productivity, and stable jobless claims. While the strong productivity numbers are encouraging, concerns about inflation and trade imbalances may impact the US dollar in the forex market. With the Federal Reserve potentially taking a more cautious stance, investors will be closely monitoring economic indicators for market direction.


The latest economic data released today shed light on the current state of the US economy, with a pa...Subscribe to access the full content