Mitsubishi UFJ: If the Nonfarm Payrolls Report is Weak, the US Dollar May Fall Further

According to ChainCatcher, citing Golden Ten Data, Mitsubishi UFJ analyst Lee Hardman pointed out in a report that if the U.S. non-farm payrolls report released on Friday shows continued weak employment growth in September, the U.S. dollar may decline further. He stated that another disappointing non-farm payrolls figure would support market expectations for the Federal Reserve to cut interest rates again in October.