ING: Non-farm data and tariff decisions will moderately benefit the dollar

According to Jinshi News, the upcoming U.S. December non-farm payroll data report will help clarify the various data confusions caused by the recent government shutdown.

Francesco Pesole, a foreign exchange strategist at ING, stated that the U.S. employment report is expected to perform well enough for the Federal Reserve to maintain its accommodative policy for a longer period, while the Supreme Court is expected to rule Trump's tariff measures invalid. These factors combined will have a moderate positive impact on the U.S. dollar.