He global dollar It operated stable this Friday waiting for the key figures of the American payrolls published later in the day.
He dollar indexwhich measures the price of the green ticket in front of the Yen, the sterling pound and other similar currencies, is located in 107.63, Reuters reported. The US currency has fallen around 2.1% since the maximum of Monday of 109.88, since the nerves of investors due to the risks of a global commercial war have been relieved.
“The greatest promoter of exchange market This day should be the figures of American payrolls in January, “said Francesco Pesole, exchange strategist ING. “A lot of attention will be paid to the annual reviews of the reference indices. The provisional reviews of last year indicated that, by contrasting the data with the prosecutors, the Labor Statistics Office He had overaged job creation in approximately one third, “he recalled.
Economists surveyed by Reuters expect the rate of unemployment It has remained unchanged in 4.1% last month, while projecting that the economy added 170,000 jobs.
But analysts warn that January employment data can be difficult to interpret due to annual reviews, while forest fires are expected to California And the cold temperatures in USA They have stopped the Employment growth.
The pound sterling It rose 0.22% to $ 1,2465 after falling 0.54% on Thursday when the Bank of England (BOE) reduced rates to 4.5% and said that the economy of the United Kingdom It would grow only 0.75% this year, half of the previous forecast.
He yen went up Friday for the bets that the Bank of Japan (BOJ) will cut the rates more than expected above this year, backed by the salary data at the beginning of this week.
The dollar fell below 151 yen for the first time since December 10 in the first Asia operations, although it then rose 0.2% to 151.77 yen.
The first days of the Trump administration have kept investors in suspense. The US president suspended at the last moment the planned tariff measures against Mexico and Canada this week, but imposed additional levies of 10% to imports of Chinawhich quickly announced its own measures on US imports.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
