Trading news

U.S. dollar to a one-week high

Weekly synopsis

U.S. dollar, last Friday, appreciated versus its major counterparts and reached a one-week high, amid the results in the U.S.'s employment having shown a bigger increase compared to estimates, thus raising the chances that the FED will likely proceed with an interest rate hike soon.

U.S. introduces 255,000 jobs

According to the Labor Department, the economy in the U.S., last month, added 255,000 jobs, exceeding the estimations for 180,000.

As more people entered the labor market, the rate of unemployment stabilized at 4.9%. The nation's average hourly earnings appreciated, above the expectations for a 0.2% gain, by 0.3%.

The U.S. dollar index traded at 96.50 while previously having approached the 96.19 zone, recording a daily rise of 0.5%.

Read More

Monday, 08 Aug, 2016 / 7:25

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Dollar firms, stocks slip amid US stimulus doubts

  Talks on US stimulus package continue but deal in doubt after [...]

Posted on Thursday, 22 Oct, 2020 / 9:34 under

Up to the US Elections Results

The US economy has recovered modestly in the third quarter thanks to [...]

Posted on Thursday, 22 Oct, 2020 / 9:18 under

OIL dropped 2.5% after excess supply – US OIL Market Outlook – 22/10/2020

WTI Crude dropped by more than 2.50%, hitting our short entry support targets, [...]

Posted on Thursday, 22 Oct, 2020 / 7:55 under