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US dollar falls on signs of slack building in the jobs market

US dollar falls on signs of slack building in the jobs market
There were surely some cheers in Japan following today's US non-farm payrolls report. The softer reading and details have weighed heavily on the dollar, dropping USD/JPY through 150.00 and down to 149.30.USD/JPY came into the week in a precarious position with the BOJ, Fed and US jobs report on tap. They've now run the gauntlet and left the pair weaker than last Friday.More broadly, the US dollar is 50-80 pips softer across the board. Commodity currencies are taking advantage as the move has bee... Read More
Posted: Nov 3 2023, 12:54
Author Name: forexlive
Views: 112134

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