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The US dollar grows on a report on mixed jobs, threat of trade war


Hannah Lang

New York (Reuters) -Dolalar has grown to Choppy Trading on Friday after data showed that the growth growth in the United States slowed down in January, but that the unemployment rate fell to 4.0%, which is an American federal reserve gave to reduce interest rates to at least June.

The US currency also encouraged the comments of President Donald Trump to plan to announce reciprocal tariffs on many countries next week without citing which countries.

A dollar index, which measures the US currency compared to Jen, Sterling and other peers, the last was 0.353% to 108.04. It was on the way to a weekly fall after investors withdrawn from the global trade war.

Neparama payments of the list increased by 143,000 jobs last month after increasing in December 307,000 in December, according to a carefully observed employment report.

Economists expected the research to show 170,000 added jobs.

“We don’t really have a trend in the payrolls,” said Joseph Trevisana, an older analyst at FX Street. “We don’t have a trend of decline, and we don’t really have a trend of strengthening. It’s quite the same for a couple for a course, so I don’t think you will get a lot of market movement out of this.”

Due to the global trade wars, nerve investors returned on Friday after Trump committed to impose more tariffs as part of a wide effort, which he said could also help solve problems with the US budget.

Trump announced during a meeting with visiting Japanese Prime Minister Shigeru Ishib. He said that the car tariffs remained on the table in the middle of a report that the White House had weighed in potential exemptions.

The British pound fell by 0.2% to $ 1,2413 after a 0.54% dropped on Thursday, when Boe lowered rates to 4.5% and said that the UK economy would rise only 0.75 this year %, half of the previous forecast.

She fell cramped as much as 1.1% just after the decision, but she returned a country when Boe Bailey’s Governor told Bloomberg that markets should not read too much in switching some policy creators to vote for a deeper reduction of the rate.

The euro is the last time a drop of 0.49% to 1,0333.

Jena strength

The dollar fell by 0.09 % compared to Jen to 151.365 after the first time after December 10th in early Asian stores in the bets fell below 151 yen in the early Asian store that battle would increase the rates more than expected this year this year , supported by wage data earlier this week.

Adding to the expectations with higher rates were the comments of the member of the Bank of Japan Naoki Tamur, one of the most important members of the Committee, who said on Thursday that the central bank must increase the rates to at least 1% in the second half of the Fiscal 2025.



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