Tag Archives: US jobs

Dollar rebounds versus yen after strong US retail sales

The dollar rebounded against the yen after good US jobs related data and retail sales numbers on Thursday. A report released by the US Department of Labor showed initial jobless claims applications in the week ending June 8 fell by 12,000 to a seasonally adjusted 334,000, compared to expectations for a decline of 1,000 to 345,000. Other data showed that retail sales rose by a seasonally...

Continue reading...

June 13, 2013 @ 7:30 pm

0 Comments

Dollar broadly stronger after US jobs data

The US dollar is stronger on Monday especially against the Japanese yen and against the Swiss Franc. Friday’s stronger than expected US jobs data helped buoy the greenback. Nonfarm payrolls grew to 175,000 jobs in May, up from a previous downwardly revised 149,000. Forecasts were for 167,000 jobs to be created. During European late morning trade, the dollar rallied against the yen, with...

Continue reading...

June 10, 2013 @ 11:51 am

0 Comments

Dollar strengthens after more jobs created in US

The dollar soared against the yen after much-better-than-expected US job numbers on Friday. The number of jobs created in the US economy came in at a total of 165,000 jobs in April, more than the 145,000 forecast. Meanwhile the March payrolls numbers were revised higher by 50,000 jobs to a total of 138,000. Also, February's number was also revised up to 332,000 jobs, the largest since May...

Continue reading...

May 3, 2013 @ 1:48 pm

0 Comments

Dollar tumbles against euro as fewer jobs created in US

 The dollar plummeted against the euro and sterling, while gold prices rose after the nonfarm payrolls report missed estimates and showed much fewer jobs were created in the United States in March than had been predicted. Data from the U.S. Department of Labor showed that a disappointing 88,000 jobs were added to the economy  last month, the smallest job creation in nine months, and much...

Continue reading...

April 5, 2013 @ 1:38 pm

0 Comments