Trading news

U.S. dollar lower amid the addition of more jobs

Weekly synopsis

The U.S. dollar dropped versus its main counterparts last week amid the economy in the U.S. having introduced more jobs.

U.S. dollar index trades 0.27% lower

The U.S. dollar index traded to 100.75, 0.27% weaker. During the week, the index weakened 0.68%.

As per the U.S. Labor Department, the economy added, for the month of November, 178,000 jobs, compared to the previous month, with the rate of unemployment falling 4.6% reaching its nine years weakest level.

The USD/JPY traded to 113.51, 0.52% lower while having gained for the week 0.77%. The EUR/USD traded at 1.0663.

The GBP/USD climbed to 1.2720, appreciating 1.02% and the EUR/GBP reached the 0.8381, falling 1.02%.

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Monday, 05 Dec, 2016 / 8:39

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Source : https://www.argusfx.com/en/research-education/market-analysis/weekly/u.s.-dollar-lower-amid-the-addition-of-more-jobs

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