DJIA21636.78
LIVE-915.39(-4.06%)
NDX7588.37
LIVE-308.76(-3.91%)

Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal


Monday, 9 December 2019 08:09 WIB

DOLLAR Indeks DolarDolar AS


c_740_198_16777215_00_images_assets_CURRENCY3_0duit.jpg

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war.

The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday.

The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday.

The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing momentum.

U.S. nonfarm payrolls increased by 266,000 jobs last month, the biggest gain in 10 months, while the unemployment rate ticked back down to 3.5%, its lowest level in nearly half a century.

Source : Reuters


RELATED NEWS

  • The euro has posted gains Thursday amid talk of a new debt instrument to combat the coronavirus outbreak as the death toll rises and the economic damage becomes more stark. At 4:10 ET (0810 GMT), EUR...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.