Dollar tumbles after U.S. jobs report, service sector contraction By Reuters
© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won By Karen Brettell NEW YORK (Reuters) – The dollar fell on Friday after U.S. jobs data showed a strong, but not blockbuster employment picture in December, while a separate report showed that […]
Dollar eyes gains as jobs data could force rethink of game of chicken against fed By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The dollar swung higher Thursday, just a day ahead of Friday’s labor market report that some believe could force investors to rethink their game of chicken against the Federal Reserve and potentially thrust the greenback to glory. The , which measures the greenback against a trade-weighted basket of […]
Dollar higher; U.S. jobs report to show healthy labor market By Investing.com
By Peter Nurse Investing.com – The U.S. dollar rose in early European trade Friday, trading near a one-month high after healthy employment data pointed to a strong labor market ahead of the widely-watched official jobs report. At 02:55 ET (07:55 GMT), the , which tracks the greenback against a basket of six other currencies, rose […]
December’s jobs report fuels optimism that the economy could still pull off a soft landing
A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022.Mike Blake | ReutersDecember’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing.But economists disagree on whether that will be the case, given that […]
Can Canadian Jobs Numbers Change the BOC’s Mind?
The Loonie has been suffering a bit for a combination of factors. The slide in the price of crude, is one of them, but crude prices are volatile in the current conditions. A more enduring factor is the perception that the BOC is likely to be the first major central bank to pause in the […]
Job growth expected to have cooled in December but not enough to slow Fed rate hikes
The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Federal Reserve aggressively tightening policy to fight inflation.Economists surveyed by Dow Jones also expect that the unemployment rate remained at 3.7% in December, while average hourly wage growth slowed to 0.4% from 0.6% in […]
LIVE Video: President Biden Delivers Remarks About His Economic Plan: 01/04/23 – 1:45PM ET
President Biden will speak about his economic plan and its impact on U.S. infrastructure and American communities in Kentucky on Wednesday. Source link