Trading news

Dollar weakens ahead of employment data

The dollar lost momentum versus its main counterparts, today, amid the investors and the traders resuming their focus on the upcoming employment data release in the U.S.

Euro and dollar trade to 1.0677

The EUR/USD currency pair traded to 1.0677, rising 0.18%, being the highest zone since November. The GBP/USD pair traded at 1.2637, gaining 0.36%.

The USD/JPY stabilized at 114.06, amid having climbed on Thursday at the 114.83 zone. The AUD/USD traded at 0.7417, and the U.S. dollar index traded to November's weakest level at 100.87.

The precious commodity, gold, in the New York Mercantile Exchange on the Comex Division, traded at $1,175.30, 0.50% higher.

Brent crude futures reached the $53.78 per barrel and declined 0.3% or 16 cents. The WTI futures traded at $51.06.

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Friday, 02 Dec, 2016 / 10:19

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/dollar-weakens-ahead-of-employment-data

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