Aug 04, 202517643 Views
Aug 04, 2025
last week, Trump fired the director of the US Bureau of Labor Statistics on the grounds of "manipulating" data, and since then, the atmosphere of suspicion in the currency market has continued to heat up. Kieran Davies, chief macro strategist at Coolabah Capital, said that further downward revision of US job growth data could further anger Trump. Davies warned that the government has not yet appointed a replacement commissioner, but if the data is actually manipulated or perceived as manipulated by the market (such as ceasing to release some data based on environmental and health statistics), this will increase the volatility of the financial markets.
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