Capitalize Financial
No Result
View All Result
Saturday, July 12, 2025
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

FOREX-Dollar hits highest since April as payrolls awaited

in Sports
FOREX-Dollar hits highest since April as payrolls awaited

The dollar index hit 3-month highs on Thursday, ahead of a U.S. jobs report that could offer clues on when the Federal Reserve will start to pare back stimulus. The U.S. currency rose as high as 111.165 yen for the first time since March 26, 2020, before trading flat compared to Wednesday at 111.095.

The dollar index, which measures the greenback against six counterparts, rose to 92.496 in early European deals, its highest since April 6.

The index posted its best month since November 2016 in June, driven by the Federal Open Market Committee (FOMC)’s surprise hawkish shift in the middle of that month, when policymakers signalled two interest rate hikes by the end of 2023.

Traders are looking to Friday’s U.S. nonfarm payrolls report for confirmation of that outlook, with economists polled by Reuters expecting a gain of 700,000 jobs last month, compared with 559,000 in May, and an unemployment rate of 5.7% versus 5.8% in the previous month.

The greenback extended gains on Wednesday after data showed U.S. private payrolls increased by a greater-than-expected 692,000 jobs in June.

“Logically, one should expect a larger dollar reaction in the event of a beat rather than miss,” said Calvin Tse, head of North America FX strategy at CitiFX. “Should the number come in significantly higher than expectations, the markets are likely to interpret that the strong labour market the Fed is expecting to see come the fall is happening earlier than expected.”

Continue….

No Result
View All Result

Subscribe Us

By clicking submit, I authorize Capitalize Financial and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here
  • Trending
  • Comments
  • Latest

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

Capital One Savings Account Rates for November 2022

These are the 10 housing markets across the US where home sellers are sitting pretty

10 Best Finance Podcasts for 2023

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices

© 2025 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2025 capitalize Financial All Rights Reserved

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset