Tag: dollar bounces

  • Dollar bounces on job gains, then pares ahead of CPI

    Dollar bounces on job gains, then pares ahead of CPI

    NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that U.S. employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, but then pared much of the gains as traders waited on next week’s inflation data.

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  • Dollar bounces as US jobs growth beats expectations

    Dollar bounces as US jobs growth beats expectations

    NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that employers added 162,000 jobs in August, well above the 56,000 additions expected by economists.The data follows after an unexpected 23,000 job decline in July. The unemployment rate held steady at 4.1 per cent. The dollar index, whic

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