Greenback stands still ahead of American jobs data

Greenback stands still ahead of American jobs data

On Friday, the evergreen buck stood still ahead of American jobs data as the common currency hit six-month peaks.

The dollar index declined below 99 and it grew 0.02%, reaching 98.63.

American nonfarm payrolls are supposed to have gained in April, following anemic March data.

On Wednesday, the FOMC dared to dismiss poor first-quarter American GDP surge as transitory.

Current odds of a June lift account for 67%.

On Thursday, the US House approved GOP healthcare reform. However, the bill’s supposed to face issues in the Senate.

The common currency hit a six-month peak of $1.0990 because surveys point to clear victory for Macron in French presidential run-off on Sunday. Later the euro tumbled 0.07%, hitting 1.0976.

As for commodity-linked currencies, including the Australian dollar, they were off after this week’s dip in crude as well as base metal prices.

Meanwhile, the safe-haven Japanese yen managed to firm with Japanese markets still unavailable for an extended holiday.

Similar

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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