Non-Farm Payrolls — News Archive

Dollar Jumps as Non-Farm Payrolls Beat Expectations

The US dollar jumped against most its major counterparts today after non-farm payrolls came out even better than optimistic forecasts and the unemployment rate declined more than was predicted by analysts.

NZ Dollar Gains on Optimistic Outlook for US Economy

The New Zealand dollar advanced today together with some other currencies of emerging markets as optimistic forecasts for tomorrow’s non-farm payrolls led to speculations that the US economy will lead global growth.

Ringgit Ticks Up as Traders Wait for NFP

The Malaysian ringgit rose against the US dollar today, following other Asian currencies in gains. There were speculations that the Federal Reserve will slow the pace of asset-purchases reduction, and such talks helped currencies of emerging markets to gain against the greenback.

Dollar Shows Resilience in Face of Poor Reports

Today, US macroeconomic data was disappointing yet again following the set of positive reports released on Monday. It did not affect the US dollar in a strong manner as the greenback fell against the Great Britain pound, but managed to keep gains versus the euro and the Japanese yen.

NFP Disappoint Yet Again, Dollar Weaker

One of the most important events this week was the release of US nonfarm payrolls, which was expected to ease worries about slowdown of the US economic growth. Yet in reality the employment data was disappointing and sent the US dollar lower.

Economic Data Does Not Help Dollar Establish Trend

The US dollar was not able to establish a definite trend today as macroeconomic data was mixed and did not provide a clear picture of the US economic health. The greenback was down against the Japanese yen and a bit lower versus the euro, but rose a little against the Great Britain pound.

Upbeat Retail Data Helps US Dollar in Trading

Greenback is higher today, gaining ground as upbeat retail data from December helps promote the idea that the US economy is still headed for recovery.

Greenback Mixed Against Other Majors

US dollar is mixed today, thanks in large part to confused signals about what’s next for the currency. The latest jobs data was soft, and that has some rethinking the idea that the Federal Reserve will boost its tapering efforts. The Fed might have started the taper, but it’s not likely to step back stimulus further if data remains soft.

US Dollar Index Pulls Back After Jobs Data

Earlier, the US dollar index had been higher, in anticipation of December’s jobs data. However, when the nonfarm payrolls report was released, it was rather disappointing and the greenback immediately began losing ground.

Euro Stronger After Week of Policy Decisions

This week was fairly important for the euro as the European Central Bank held its monetary policy meeting over the week. Several other central banks made policy decisions too and US nonfarm payrolls were another important event during the week.

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