Greenback ascends, euro dives after soar

Greenback ascends, euro dives after soar

On Monday, the US currency gained versus a basket of the other key currencies after data disclosing that American job surge cooled in December didn’t manage to change hopes for further Fed rate lifts this year.

Assessing the greenback’s value versus a trade-weighted basket of six key currencies, the US dollar index tacked on 0.25% reaching 91.98, adding from its January 2 dip of 91.47 that was the lowest reading since September 20.

In December, the American economy generated up to 148,000 jobs, according to the Labor Department, which is below the 190,000 estimate by financial experts.

The US currency briefly dived to the day’s minimums following the report before regaining ground.

Higher interest rates tend to drive the US currency by simply making it more attractive to yield-seeking traders.

The greenback started 2018 on the back foot after the US dollar index sank 9.8% last year, which is its biggest annual percentage drop since 2003.

The greenback rose versus the Japanese yen, with USD/JPY adding 0.25% reaching 113.33.

The common currency declined, with EUR/USD losing 0.25% hitting 1.1999.


Will the CPI Crash the USD?
Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!

Latest news

Gold Rises as Central Banks Buy More
Gold Rises as Central Banks Buy More

About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.

US Evades Default This Time
US Evades Default This Time

Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!

USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera