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Dollar hovers near 8-week low as payrolls test looms

The dollar hovered close to an eight-week low on Friday, ahead of a crucial U.S. jobs report that should provide clues on the timing of Federal Reserve interest rate cuts. The euro held. -June 06, 2024 at 09:03 pm EDT - MarketScreener

Kevin bucklandJoseph capursoFederal reserveEuropean central bankMarket committeeCommonwealth bankFederal open market committeeLincoln feast

US Dollar Hovers Near 8-Week Low Awaiting Crucial Jobs Report

The US dollar hovers near an eight-week low ahead of a crucial jobs report that may influence Federal Reserve interest rate cuts. The euro gains after the European Central Bank's rate reduction, while the dollar index remains stable. Traders anticipate softer non-farm payroll numbers, affecting future rate cut expectations.

Joseph capursoMarket committeeFederal reserveEuropean central bankCommonwealth bankFederal open market committee

Dollar hovers near 8-week low as payrolls test looms By Reuters

Dollar languishes near 8-week low ahead of payrolls test

Kevin bucklandJoseph capursoFederal reserveEuropean central bankCommonwealth bankMarket committeeFederal open market committee

Pound Sterling Lifted By UK GDP Data, Inflation Data Crucial

Pound Sterling Lifted By UK GDP Data, Inflation Data Crucial
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Dollar nurses losses post soft jobs data, pound keeps gains

Dollar nurses losses post soft jobs data, pound keeps gains
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