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

British pound dives to day’s minimums on UK inflation data

On Tuesday, the British pound went down to the day’s minimums versus the evergreen buck due to slowing inflation in December, which slowed for the first time for six months, hinting that the country’s cost of living squeeze relieved…

Aussie and Kiwi are at 4-month peaks vs. weaker US dollar

On Monday, the Australian and New Zealand dollars were keeping to four-month maximums versus their American rival because the broadly stronger common currency kept weighing heavily on the US currency notwithstanding Friday's mostly positive American data…

Popular

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

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

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