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US Dollar Drops Ahead of Jobs Report
06 Sep 2019 09:58 AM
Direct : The US dollar fell against major currencies on Friday, in anticipation of the release of the monthly jobs report in the United States.
By 6:45 am GMT, the dollar was down against the euro by about 0.08 percent at $ 1.1044, while against the yen it was up 0.09 percent at 107.04 yen.
The greenback was steady against the pound at $ 1.2336, while the Swiss franc gained 0.1 percent to 0.9868 francs.
During the period, the dollar index, which measures the performance of the currency against six major currencies, fell by 0.08 percent to 98.335.
The CME index, which follows the Fed's futures trading yesterday, showed that markets see a 95.8 percent chance that the Fed will cut interest rates by 25 basis points at its next meeting.
This represents a decline from last week's levels of 100 percent.
The United States and China also reached agreement on a new round of trade talks in early October.
This month, Donald Trump's government began a new round of tariffs against China at 15 percent.
Later in the day, the US was due to release its monthly jobs report for August.
https://www.mubasher.info/news/3527182/%D8%A7%D9%86%D8%AE%D9%81%D8%A7%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-%D9%82%D8%A8%D9%8A%D9%84-%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D9%88%D8%B8%D8%A7%D8%A6%D9%81
06 Sep 2019 09:58 AM
Direct : The US dollar fell against major currencies on Friday, in anticipation of the release of the monthly jobs report in the United States.
By 6:45 am GMT, the dollar was down against the euro by about 0.08 percent at $ 1.1044, while against the yen it was up 0.09 percent at 107.04 yen.
The greenback was steady against the pound at $ 1.2336, while the Swiss franc gained 0.1 percent to 0.9868 francs.
During the period, the dollar index, which measures the performance of the currency against six major currencies, fell by 0.08 percent to 98.335.
The CME index, which follows the Fed's futures trading yesterday, showed that markets see a 95.8 percent chance that the Fed will cut interest rates by 25 basis points at its next meeting.
This represents a decline from last week's levels of 100 percent.
The United States and China also reached agreement on a new round of trade talks in early October.
This month, Donald Trump's government began a new round of tariffs against China at 15 percent.
Later in the day, the US was due to release its monthly jobs report for August.
https://www.mubasher.info/news/3527182/%D8%A7%D9%86%D8%AE%D9%81%D8%A7%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-%D9%82%D8%A8%D9%8A%D9%84-%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D9%88%D8%B8%D8%A7%D8%A6%D9%81
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