The US dollar showed resilience following the stronger-than-expected Non-Farm Payroll (NFP) report for September, which surpassed consensus estimates. This robust job growth could provide enough momentum for the Federal Open Market Committee (FOMC) to consider a pause in interest rate hikes. Traders are closely monitoring the USD/EUR exchange rate, with levels hovering around 1.08, as expectations build regarding future monetary policy.
As the market digests the implications of the positive employment data, analysts anticipate increased volatility in currency pairs. A pause in rate adjustments could strengthen the USD further, impacting major pairs like GBP/USD and AUD/USD. The current landscape suggests that dollar bulls may gain an advantage, while risk sentiment remains a key driver for traders navigating the forex markets.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-21 13:27
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.