US dollar tumbles against euro, yen

US dollar tumbles against euro, yen

The US dollar was down on Friday but trimmed some losses against the euro and yen after data showed the world’s largest economy added more new jobs than expected last month, reflecting a labour market that remained on stable footing. The report reinforced anticipation that the Federal Reserve will hold interest rates steady for the next few meetings and not reduce them until the summer. According to US data, nonfarm payrolls surged by 177,000 jo…

US Dollar May Be Set For Surprise Countertrend Rally

With sentiment extremely negative as well as a large volume of end of the word articles, it appears that the US dollar may be set for a surprise countertrend rally. The post US Dollar May Be Set For Surprise Countertrend Rally appeared first on King World News.

In markets and politics, it will be more short-term, less durable, and much more dependent on the kindness of foreigners.

US Dollar drops against Euro, Yen amid strong jobs report

The US dollar experienced a decline on Friday, but managed to recover some losses against the euro and yen after a stronger-than-expected jobs report revealed that the US economy had added more new jobs than anticipated last month. The data, which showed nonfarm payrolls rising by 177,000 jobs in April, reinforced expectations that the Federal […] The post US Dollar drops against Euro, Yen amid strong jobs report appeared first on Idoma Voice Ne…

US dollar tumbles against euro, yen - News360 Info - Breaking News, Nigerian News and Multimedia, World News.

The US dollar was down on Friday but trimmed some losses against the euro and yen after data showed the world’s largest economy added more new jobs than expected last month, reflecting a labour market that remained on stable footing. The report reinforced anticipation that the Federal Reserve will hold interest rates steady for the […] The post US dollar tumbles against euro, yen appeared first on News360 Info - Breaking News, Nigerian News and …