The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The US private companies added 250K positions in December, the strongest monthly gain since March, the ADP Research Institute revealed on Thursday.
The Greenback rose against the Japanese Yen on strong ISM manufacturing and construction release
Factory activity in Chicago strengthened again by the end of the year, according to the MNI survey.
Factory activity in Chicago strengthened again by the end of the year, according to the MNI survey.
Factory activity in Chicago strengthened again by the end of the year, according to the MNI survey.
Contracts to purchase previously owned houses increased in November, supported by the job growth in the strengthening US economy.
The Federal Reserve of Richmond released its survey, showing that the manufacturing growth was slower over the month of December.
Due to Christmas holidays the currency rate is moving horizontally between the 55- and 100-hour SMAs.
The US economy expanded at its strongest pace in two years in the Q3, fuelled by solid business spending.
The US home sales rose more than anticipated in November to reach the highest level in 11 years, indicating that the property market growth started to regain momentum after procrastination for the most of the year.
The US Dollar kept strengthening against the Japanese Yen on the US property market data and current account report.
In line with expectations, the currency rate spent previous trading day moving horizontally between the 112.80 and 112.45 levels.
In result of the previous trading session the pair fell to 112.10 but then resumed the surge and started new week at 112.70.
In result of the Fed Funds Rate hike, the currency rate cough downside momentum and slipped straight to the 50% Fibonacci retracement level at 112.45.
The Labour Department stated that the US job openings cooled unexpectedly in the month of October from a record-high registered previously.
The Labour Department stated that the US job openings cooled unexpectedly in the month of October from a record-high registered previously.
The US employment grew at a strong pace in November, confirming the country's healthy economic state, which analysts see not requiring the Donald Trumps' proposed fiscal stimulus, even with the moderate pay growth.
Halifax report showed that the UK house prices increased more than anticipated 0.5% in November, while the yearly pace of growth slowed to 3.9% from 4.5% in the prior month.
The US private sector created 190K jobs in November, down strongly from the prior month, but in line with projections, the ADP report indicated, ahead of more comprehensive the US Labour Departments figures to be issued on Friday.
The Institute for Supply Management stated that its non-manufacturing PMI for the US fell to 57.4 in November, compared with 60.1 in October, suggesting that the services sector's growth slowed due to moderation in both export and new orders.
The Greenback made the last attempt to rise against the Yen before falling sharply on non-negative US economic data. The USD/JPY added 5 base points, ahead of the sharp fall to the 111.74 area. However, bulls put the pair back to the pre-data level of 112.60.