Commerzbank: Market unconvinced by January rate cut

Odaily Planet Daily reports that the US dollar index recovered its losses following the release of the non-farm payroll data. Commerzbank analyst Antje Praefcke stated in a report that although the dollar initially fell due to the data, the market "did not really follow the trend of the Federal Reserve potentially cutting interest rates again as early as January." The threshold for another rate cut appears to have increased, thus allowing the dollar to recover some ground. (Jinshi)