Unicredit Bank analysts predict a slowdown in the U.S. job growth, with new job additions expected to decrease from 142,000 as recorded in August. They also anticipate a slight increase in the unemployment rate to 4.3%.
This weaker economic data could potentially erase some of the recent gains of the dollar. Conversely, stronger-than-expected data may boost the dollar, especially following the Federal Reserve Chair Powell's efforts to curb expectations of further significant interest rate cuts.
