U.S. dollar higher on weak employment data

Monday, 10/04/2017 | 12:34 GMT

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Weekly Synopsis

The U.S. dollar traded higher against its main counterparts last Friday, following the recent disappointing employment data in the U.S., as the investors resume focusing on the FED's plans for tightening monetary policy.

U.S. dollar index to 101.08

The U.S. dollar index traded to 101.08 appreciating 0.47%, escalating for the week 0.9%.

The economy in the U.S. introduced, last month, 98,000 jobs, the Labor Department reported on Friday.

The EUR/USD pair traded at 1.0590 declining 0.5%, the USD/JPY at 111.09 rising 0.26%, and the GBP/USD to 1.2366 falling 0.82%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/weekly/u.s.-dollar-higher-on-weak-employment-data

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