Greenback drops after non-farm payroll data

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/AP
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 the Euro at 12:31 GMT.
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Fri, 02 Aug 2013 14:35:06 GMT

Consumer spending in U.S. increased as expected

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Fri, 02 Aug 2013 13:03:07 GMT

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