The US dollar jumped to settle higher against the majority of other most-traded currencies due to overwhelmingly positive non-farm payrolls. While most analysts were optimistic about US employment, even they could not anticipate such impressive growth.
Non-Farm Payrolls — News Archive
November 07th, 2014 at 18:05
The euro gained on the US dollar today after employment data from the United States missed analysts’ projections. The currency also rallied versus the Great Britain pound but was unable to advance against the Japanese yen.
October 04th, 2014 at 18:25
It was another poor trading week for the euro, which fell for the 12th straight week and reached a new multi-year low against the US dollar. While the European Central Bank policy announcement provided moderate support for the shared 18-nation currency, employment data from the United States did not allow the euro to hold onto gains.
October 04th, 2014 at 3:38
The Canadian dollar ended Friday with losses against its US peer due to overwhelmingly positive employment report from the United States. At the same time, the poor trade balance data from Canada itself did not prevent the currency from rallying against the euro and the Japanese yen.
October 03rd, 2014 at 13:10
The US dollar surged today after non-farm payrolls came out even better than optimistic expectations, while positive trade data added to the upside momentum. The greenback reached a new multi-year high against the euro and the lowest level in almost 11 months against the Great Britain pound.
October 02nd, 2014 at 13:12
The euro advanced today, rising against the US dollar and the Great Britain pound, after the European Central Bank conducted its monthly policy meeting. The shared 18-nation currency also pared its previous losses versus the Japanese yen.
September 07th, 2014 at 0:35
The most important event this week turned out to be the monetary policy of the European Central Bank. Analysts expected it to be uneventful, but they were completely wrong. The resulting shock sent the euro down. While the currency managed to retain some of its gains versus the Great Britain pound by the weekend, it fell against most other major counterparts. It was euro’s eight week of losses versus the US […]
September 05th, 2014 at 19:25
US non-farm payrolls provided nasty surprise for dollar bulls, sending the US currency down, as they came out much worse than was expected. The greenback halted its rally but not necessarily lost upward momentum completely, and it reached new highs for the year against some of its peers before retreating.
The US dollar experienced a very poor trading month in June due to unexpected dovishness of US policy makers and terrible GDP report. Can the greenback change the bearish trend in the first trading week of the new month?
June 07th, 2014 at 18:28
This week had quite a few important events that have affected the Forex market. The most important of them were the meetings of various central bank and US non-farm payrolls. There were reasons to believe that the euro would fall over the week, but surprisingly enough the currency remained rather resilient.