The US dollar recovers losses after non-farm payrolls; Commerzbank says the market is not optimistic about rate cuts next year.

ChainCatcher News, according to Golden Ten Data, the US Dollar Index has recovered the losses following the release of non-farm payroll data. Antje Praefcke, an analyst at Commerzbank, stated in a report that although the dollar initially declined due to the data, the market did not truly follow the trend of the Federal Reserve possibly cutting rates again in January next year. The threshold for another rate cut appears to have risen, so the dollar has regained some ground.