Home
Dollar rises against major currencies by the US jobs report
06.10.2015
The dollar rose against a basket of major currencies due to renewed risk appetite in the wake of disappointing report on US jobs sign that the Federal Reserve (the US central bank) may be reluctant to raise interest rates for a longer period.
It showed data released on Friday, slowing job growth in the United States, prompting dealers to expect the Fed to postpone the first rate hike since 2006 to early next year. And it reinforced that view risk appetite and imposed on the sale of the euro and the yen and the Swiss franc, a currency pressures seen by traders safe due to low returns.
It is expected that "enhances interest lifting the dollar by pushing investment flows towards the United States.
While previously the dollar fell because of expectations that delayed the Fed rate hike in the risk appetite took priority on Monday. "
Said Boris Sclausberg Managing Director PK Asset Management in New York, "the appetite for risk flows outweighed any disappointment at the level of interest rate."
The dollar index, which measures the US currency's strength against a basket of six major currencies 0.26 percent to 96.081, recovering from its lowest level in nearly two weeks 95.218 recorded on Friday. The dollar hit its highest price in a week against the Japanese currency at 120.550 yen.
The US currency rose in her latest price 0.46 percent to 120.450 yen surged 0.41 percent against the Swiss franc to 0.97570 francs. It ended 29 quarters e
[You must be registered and logged in to see this link.]
06.10.2015
The dollar rose against a basket of major currencies due to renewed risk appetite in the wake of disappointing report on US jobs sign that the Federal Reserve (the US central bank) may be reluctant to raise interest rates for a longer period.
It showed data released on Friday, slowing job growth in the United States, prompting dealers to expect the Fed to postpone the first rate hike since 2006 to early next year. And it reinforced that view risk appetite and imposed on the sale of the euro and the yen and the Swiss franc, a currency pressures seen by traders safe due to low returns.
It is expected that "enhances interest lifting the dollar by pushing investment flows towards the United States.
While previously the dollar fell because of expectations that delayed the Fed rate hike in the risk appetite took priority on Monday. "
Said Boris Sclausberg Managing Director PK Asset Management in New York, "the appetite for risk flows outweighed any disappointment at the level of interest rate."
The dollar index, which measures the US currency's strength against a basket of six major currencies 0.26 percent to 96.081, recovering from its lowest level in nearly two weeks 95.218 recorded on Friday. The dollar hit its highest price in a week against the Japanese currency at 120.550 yen.
The US currency rose in her latest price 0.46 percent to 120.450 yen surged 0.41 percent against the Swiss franc to 0.97570 francs. It ended 29 quarters e
[You must be registered and logged in to see this link.]
