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Trump's firing of the Labor Secretary has raised concerns in the currency market, with experts warning of data manipulation risks.
On August 4, 【Block Rhythm】 Trump fired the director of the U.S. Bureau of Labor Statistics last week on the grounds of "manipulating" data, and since then the atmosphere of skepticism in the currency market has continued to heat up.
Coolabah Capital's Chief Macro Strategist Kieran Davis stated that further downgrading of U.S. employment growth data may further anger Trump. Davis warned that the government has not appointed a replacement commissioner, but if the data is effectively manipulated or perceived by the market as manipulated (for example, by ceasing to publish certain data based on environmental and health statistical experience), this will increase volatility in the financial markets.