Dollar jumps amid bullish bets for U.S. jobs increase

Source: CNBC
© Scanpix\Reuters
The greenback prolonged adds against the Japanese Yen and jumped versus the basket of currencies after U.S. bond yields increased amid forecast that optimistic jobs data will induce the Federal Reserve to scale back stimulus. The U.S. Dollar index advanced 0.1% to 82.43. The greenback rose 0.3% to about 100 versus Japanese Yen.
Back to articles

Actual Topics

Fri, 02 Aug 2013 13:25:07 GMT

Greenback drops after non-farm payroll data

The U.S. Dollar depreciated against the common currency after the non-farm payroll data release which showed additional 162,000 jobs in the last month, while 185,000 jobs were expected by investors. Since labour market is a major point of consideration for Fed's monetary policy, the data signals that QE may continue for a while. The greenback lost 0.40% to $1.3258 versus

Fri, 02 Aug 2013 12:52:09 GMT

U.K. bonds decline amid economic outlook, Sterling appreciates

U.K gillts traded lower as the nation's economy indicates an accelerating pace of  a recovery and demand for the safest assets diminishes. The yield on the 10-year bond gained seven basis points to 2.47% as of 12:03 p.m. in London. The British Pound strengthened 0.2% to $1.5150. Versus the common currency, the U.K. currency added 0.2% to 87.15 pence per

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.