US Dollar Strengthens as Stable December Jobs Report Lowers Odds of Fed Rate Cut
The US dollar strengthened modestly as a lower unemployment rate dashed any hopes of an interest rate cut by the Federal Reserve later this month….
Posts Tagged: Jobs
US Dollar Index (DXY) Slips Ahead of November Jobs Report
The US dollar slipped ahead of the highly anticipated November jobs report. The greenback has come under pressure this month on expectations that the Federal…
US Dollar Weakens As Private Sector Job Losses Fuel Fed Rate Cut Bets
The US dollar weakened midweek after a worse-than-expected private payrolls report increased the odds of a Federal Reserve interest rate cut. The US Dollar Index…
Gold Eyes $3,900 to Finish Trading Week Without September Jobs Report
Gold futures surged to close out the trading week and are retesting $3,900 to kick off October. Gold and other precious metals have been on…
Gold Falls As Better-Than-Expected June Jobs Report Lifts September Fed Rate Cut Odds
Gold futures tumbled on Thursday as a stronger-than-expected June jobs report raised the odds of a September interest rate cut by the Federal Reserve. The…
USD/CAD Surges As Financial Markets Swim in Ocean of Calm After Week of Volatility
The US dollar strengthened against the loonie to finish the trading week, pausing the 0.7% rout that occurred this week. The greenback has struggled to…
US Dollar Index (DXY) Extends Gains As December Jobs Report Fuel Hawkish Fed Stance
The US dollar soared to finish the trading week. A hotter-than-expected December jobs report caused investors to panic that the Federal Reserve would leave interest…
Gold Little Changed After Dismal Jobs Report, Surging US Treasury Yields
Gold futures were little changed to close out a highly volatile trading week. The yellow metal enjoyed record settlements earlier in the week before enduring…