Jobs Data

Dollar Index News

The dollar appreciated yesterday following data that indicated U.S. jobs growth was slower than anticipated, implying that the Federal Reserve may opt to maintain interest rates at their current levels later this month. The unemployment rate decreased to 4.4% last month, down from a revised 4.5% in November, according to the U.S. Labor Department’s report Read More

Dollar Index News

A soft-looking set of US jobs data yesterday caused the US Dollar Index to decline to its lowest levels since early October. The significant decline in energy prices is likely to benefit the energy-importing currencies across Europe and Asia. Today, the German Ifo may underperform in accordance with the local PMI releases, and a speech Read More