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Dollar Bounces as Non-Farm Payrolls Surprise Positively

The US dollar was moving down during the first half of Friday’s trading session but reversed the losses after the surprisingly positive employment report.

Greenback Gains Ground After Last Week’s Losses

US dollar is gaining some ground today, improving following last week’s losses. Forex traders are looking ahead to Friday’s nonfarm payrolls, and there are still expectations that the Federal Reserve may raise interest rates by the end of the year.

US Dollar Loses Ground Ahead of Fed Meeting

US dollar is losing ground today, ahead of a Federal Reserve meeting later this week. Forex traders are consolidating their positions and profit taking as they wait to see what the Fed’s tone indicates for future rate hikes in 2016.

US Dollar Performance Choppy in Forex Trading

US dollar is experiencing choppy performance today as risk appetite battles with the fact that expectations for a Fed rate hike are on the rise again. US dollar is mostly lower against its major counterparts today, however. There hasn’t been a lot of movement as a new week starts and Forex traders evaluate the latest round of data.

Risk Appetite Sends US Dollar Lower Against Majors

US dollar is heading lower against its major counterparts today as risk appetite increases. Financial sentiment seems to be increasing around the world, Alcoa earnings are providing a shot in the arm for US stocks, and it appears tightening is off the table for the near term.

US Dollar Ends Week Mixed as NFP Do Not Give Edge

The US dollar has ended the trading week mixed. It rose against the euro, the Great Britain pound, the Swiss franc, and the Canadian dollar. At the same time, the greenback fell versus the Japanese yen, the Australian dollar, and the New Zealand dollar.

Non-Farm Payrolls Fail to Boost Dollar

US non-farm payrolls were positive at the first glance, but it was not enough to boost the US dollar. On closer inspection, the employment report was not that good, giving no reason to believe that the economic conditions are solid enough to warrant withdrawal of monetary stimulus.

US Dollar Mixed as Good Data Countered by Fed Minutes

The US dollar was mixed during early Thursday’s trading. The currency rose versus the euro, fell against the Japanese yen, and was flat versus the Great Britain pound.

Pound Starts Week Poorly, Bounces Later

The theme of Great Britain’s referendum about leaving the European Union remained a hot topic during the week. While the week had started negative for the currency, the sterling rebounded by the weekend.

Dollar Trades Lower After Fed Makes Policy Announcement

The US dollar fell against most currencies after the policy announcement from the Federal Reserve. The drop was not especially big as the Fed did not surprise markets very much with its announcement.

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