Downside risk for US employment, magnitude of September Fed interest rate cut in question ...Middle East

The US CPI data is here ICYMI:Forexlive Americas FX news wrap: CPI continues to coolAnd thoughts of a 50bp interest rate cut are gathering pace (we are a fickle lot aren't we?):JP Morgan says the Fed has a green light for a 50bp rate cut in Sep. Here's the trigger.Morgan Stanley flag potential 50bp Federal Open Market Committee (FOMC) Septembr rate cutUBS says doesn't see reason for 50bp Federal Open Market Committee (FOMC) rate cut in SeptTD are not quite so gung ho, but do mention it:latest consumer price report “checked the box” for the Federal Reserve's Federal Open Market Committee (FOMC) to begin cutting at the September 17 and 18 meetingCPI report is again unambiguously welcome news f

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