Non-Farm Payrolls — News Archive

Dollar Firm Ahead of NFP, Trims Gains vs. Euro on Housing

The US dollar was relatively strong today ahead of tomorrow’s non-farm payrolls. The currency trimmed its gains versus the euro after the release of housing data that was worse than market participants have hoped for.

Dollar Weak After Employment Report

The US dollar weakened after the employment report came out worse than was expected, adding to concerns caused by the partial US government shutdown. It suggested that US economic growth was not stable even without politicians messing things up.

Dollar Ahead of US Government Shutdown

Two major events for the US dollar will happen this week: the deadline for the US budget and non-farm payrolls. What outlook do analysts have for the greenback ahead of these events?

Euro Mostly Rangebound Today as Traders Wait for FOMC

Euro is mostly rangebound today, with a slight propensity toward weakness against currencies that aren’t the US dollar. There is a lot happening right now, and many traders seem ready to wait until next week, and the next FOMC announcement.

Weekly Losses of Sterling Limited by Positive Fundamentals

The Great Britain pound weakened this week against the US dollar and the euro, but losses were limited because of favorable fundamentals. The currency was also falling versus the Japanese yen, but managed to rebound by the weekend.

Dollar Drops on Worse-Than-Expected Non-Farm Payrolls

The US dollar slumped today against most major currencies as non-farm payrolls came out worse that was predicted by analysts, fueling speculations that the Federal Reserve will refrain from trimming of monetary stimulus.

Dollar Soft Ahead of Fed Meeting

The US dollar was broadly lower this week against most currencies, including the Japanese yen, which was unexpectedly strong. Traders were selling dollar ahead of next week’s meeting of the Federal Reserve members.

Non-Farm Payrolls Bring Dollar Higher

The US dollar jumped today as growth of nonfarm payrolls exceed forecasts, suggesting that the Federal Reserve can reduce stimulus without damaging the economy too much.

Short-Covering Drives Dollar Lower, Fundamentals Remain Positive

The US dollar dropped today ahead of Friday’s important report. Many analysts think that it was nothing but short-covering and the currency can yet rally on fundamentals that remained positive.

US Dollar Index Higher to Start the Week

US dollar index is higher today. As the week begins, greenback is showing some strength, although it is lower against some individual currencies, like the euro.



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