After the release of non-farm data, traders are betting that the Federal Reserve will cut interest rates by 50 basis points in September

BlockBeats news, on August 2, after the release of non-agricultural data, the US dollar index DXY gapped down 40 points, now reported at 103.67.

In addition, traders increased their bets on the Fed's future sharp interest rate cuts. Traders bet that the Fed will cut interest rates by 50 basis points in September, after the unemployment rate rose to 4.3% in July. (Jinshi)