U.S. dollar rises despite the weak jobs report

Tuesday, 05/09/2017 | 13:13 GMT

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Weekly synopsis

The U.S. dollar traded higher against a set of major currencies last Friday despite the weak U.S. jobs report having increased the traders and the investors' level of skepticism.

U.S. dollar index at 92.82

The U.S. dollar index reached the 92.82 zone rising 0.25% ending the week with 0.1% appreciation.

The U.S. economy introduced in August 156,000 jobs with the rate of unemployment rising to 4.4% amid the economists and the analysts predicting 180,000 new jobs and the unemployment rate at 4.3%.

The USD/JPY approached the 110.25 zone appreciating 0.25%, and the EUR/USD traded to 1.2069 declining 0.41%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/weekly/u.s.-dollar-rises-despite-the-weak-jobs-report

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