Greenback is still backed ahead of American jobs data

Greenback is still backed ahead of American jobs data

On Friday, the evergreen buck was still higher versus other key currencies, as market participants were eyeing the publication of highly-anticipated American employment data due later in the day.

The US currency was pressured after the publication of quite mixed American economic reports on Thursday.

On Thursday, payrolls processor ADP informed that in December American private employers generated up to 250,000 jobs, which is above experts’ expectations.

According to a separate report, the previous week American jobless claims soared by 3,000 to 250,000, thus disappointing hopes for a 6,000 dip.

The common currency and the British pound headed south, with EUR/USD sinking 0.12% to 1.2052 and with GBP/USD diving 0.08% trading at 1.3536.

As for the Japanese yen and the Swiss franc, they kept tumbling with USD/JPY gaining 0.39% to 113.18 and with USD/CHF earning 0.31% being worth 0.9769.


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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!

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