Friday, 7 August 2015

Dollar finishes lower as traders await jobs report

The dollar edged lower Thursday, but finished just below a 2½ week high against its main rivals, as investors look ahead to Friday’s July nonfarm payrolls report.

The ICE U.S. Dollar Index DXY, +0.06% a measure of the dollar’s strength against a basket of rival currencies, finished the day down 0.2% to 97.7560, just below its highest level in 2½ weeks.

The buck ticked higher after official data showed claims for unemployment benefits rose for the second week, but it slowly drifted lower as the session progressed.

The euro EURUSD, -0.0641% which has the most influence on the value of the index, finished at $1.0934 compared with $1.0903 late Wednesday in New York. The dollar USDJPY, +0.04%  traded at ¥124.68, little-changed from its level from late Wednesday.

Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my

No comments:

Post a Comment