Dollar Mixed Ahead Of U.S. Jobs Data
(RTTNews) - At 8:30 am ET Friday, the Labor Department will release U.S. nonfarm payrolls data for October.
Ahead of the data, the greenback traded mixed against its major counterparts. While it fell against the euro and the franc, it was steady against the yen. Against the pound, it recovered.
The greenback was worth 147.79 against the yen, 0.9787 against the euro, 1.1195 against the pound and 1.0075 against the franc as of 8:25 am ET.
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Pound Drops Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Thursday, as traders anticipate an interest rate cut by the Bank of England (BoE) in February.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
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Yen Falls Amid Risk Appetite
The Japanese yen weakened against other major currencies in the Asian session on Thursday amid risk appetite among traders, driven by China after multiple Chinese government departments rolled out medium- and long-term investment plan with clear measures to boost capital market confidence. Concerns about tariff threats by U.S. President Donald Trump limited market's upside.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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U.S. Dollar Rises Against Majors
The U.S. dollar recovered against its major counterparts in the New York session on Wednesday.
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Pound Slides Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the Asian session on Wednesday, as traders speculate a rate cut by the Bank of England (BoE) in February.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the Asian session on Wednesday.
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Yen Falls As Asian Stock Markets Traded Higher
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher following the broadly positive cues from global markets overnight, as optimism about a few interest rate cuts by the U.S. Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the U.S. administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
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