Non-farm payroll data release imminent, US dollar exchange rate declines, oil prices retreat

Mars Finance reports that, according to Jintiao, as oil prices decline and investors shift their focus to the key U.S. non-farm payroll report, the U.S. dollar exchange rate has fallen. U.S. Treasury Secretary Janet Yellen announced a temporary measure aimed at easing the pressure on oil supplies caused by the Middle East conflict, leading to a drop in oil prices. The Middle East conflict has driven up oil prices and boosted the dollar, with markets reducing expectations for Fed rate cuts due to potential inflation impacts. Non-farm payroll data is usually a key indicator shaping interest rate expectations.

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