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US dollar retreats, but off lows, after solid jobs report
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US dollar retreats, but off lows, after solid jobs report

TheSpuzz Desk1 month ago08 mins

Source: Live Mint By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell on Friday, but trimmed losses against the euro and yen, after data showed the world’s largest economy added more new jobs than expected last month, reflecting a labor market that remained on stable footing. Gains in the greenback came after rising…

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Dollar Jumps as Unexpected Hiring Surge Sends Yields Higher
  • Market

Dollar Jumps as Unexpected Hiring Surge Sends Yields Higher

TheSpuzz Desk5 months ago05 mins

Source: Live Mint The US dollar surged after a hotter-than-expected jobs report reinforced speculation that the Federal Reserve will hold off on cutting interest rates again until the second half of the year.  The prospect pushed up the currency against almost all of its major peers, driving Australia’s dollar to the lowest since April 2020,…

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Trending News

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