Non-farm payroll data is about to be released, the dollar exchange rate is declining, and oil prices are falling

According to Jinshi reports, as oil prices retreat and investors shift their focus to the key U.S. non-farm payroll report, the dollar exchange rate has declined. U.S. Treasury Secretary Yellen announced a temporary measure aimed at alleviating the pressure on oil supplies from the Middle East conflict, resulting in a decrease in oil prices.

The Middle East conflict has driven up oil prices and boosted the dollar, as the market has reduced expectations for a Federal Reserve rate cut due to potential inflation impacts. Non-farm data is typically a key indicator that shapes interest rate expectations.