From BigGo Finance · BigGo Finance · · 50s
Dollar Rises on Strong U.S. Job Report
U.S. employment data boosts dollar as euro falls to 1.1131.
In brief
U.S. employment data boosts dollar as euro falls to 1.1131. Strong U.S. employment report pushed dollar up against euro to 1.1131, with euro selling paused by rising U.S. interest rates. Originally reported by BigGo Finance.
U.S. Employment Report
The October U.S. Employment Report showed nonfarm payrolls, unemployment rate, and average hourly earnings all beating expectations.
Euro Falls to 1.1131
EUR/USD briefly fell to 1.1131 dollars, its lowest since October 29.
Dollar-Yen Trading
Dollar-yen settled at 158.30 yen after briefly rising to 158.58 yen.
EUR/JPY Trading
EUR/JPY settled at 176.51 yen after briefly falling to 176.30 yen.
U.S. Interest Rates Pause
Rising U.S. long-term interest rates paused dollar buying and pared losses in EUR/USD.
The big picture
Strong U.S. employment report pushed dollar up against euro to 1.1131, with euro selling paused by rising U.S. interest rates.
