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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The dollar rises as traders evaluate jobs data and interest expectations

    Rocky
    Rocky
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    The dollar rises as traders evaluate jobs data and interest expectations Empty The dollar rises as traders evaluate jobs data and interest expectations

    Post by Rocky Wed 06 Dec 2023, 4:42 am

    The dollar rises as traders evaluate jobs data and interest expectations

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    Economy News-Follow-up
    The price of the dollar approached its highest level in two weeks against a basket of currencies on Wednesday, as investors evaluated US economic data that showed a decline in jobs in the labor market, while betting that the Federal Reserve (the US central bank) would cut interest rates next year.
    The dollar index, which measures the performance of the US currency against six competing currencies, rose by 0.019% to 103.99, after rising 0.3% overnight. The index also rose 0.5% this month, after falling 3% last November, the largest monthly decline in a year.
    Data on Tuesday showed that job opportunities in the United States fell to their lowest levels in more than two and a half years last October, the strongest sign yet that rising interest rates are weakening demand for labor.



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    Added 12/06/2023 - 10:59 AM


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