#labor-market-data

#labor-market-data

The U.S. dollar remains stable due to risk aversion from global conflicts, while the euro faces pressure amid economic slowdown concerns.

Euro is rebounding against the US dollar despite weak German inflation and declining Eurozone bond yields, influenced by US Treasury yields and upcoming labor market data impacting Fed's monetary policy.

Markets are closely tracking US labor market data to predict Fed's monetary policy path, with hopes that negative surprises from the US economy could potentially impact the Euro's losses against the dollar.

The labor data is crucial for predicting mortgage rate trends.

Mortgage rates decrease slightly, impacted by labor market data and bond market reactions.

Mortgage rates and spreads fluctuate based on economic conditions, impacted by labor market data.