Arab Today, arab today dollar slips on weak us jobs data
Last Updated : GMT 09:22:51
Arab Today, arab today
Arab Today, arab today

Dollar slips on weak US jobs data

Arab Today, arab today

Arab Today, arab today Dollar slips on weak US jobs data

New York - XINHUA

The US dollar retreated against most major currencies Friday after a report showed U.S. employers hired fewer workers than forecast in December, which fueled speculations that the Federal Reserve may slow its pace of tapering bond buying program. The U.S. economy added only 74,000 jobs in December, the fewest in three years, but the unemployment rate fell from 7 in November to 6.7 percent, the Labor Department reported Friday. Despite the further decrease in the jobless rate, the jobs growth was much weaker than economists' expectations for about 200, 000 new jobs. "All bets are now off on the Fed's tapering plans. Many are now questioning whether it began to turn off the QE taps too soon," said Marcus Bullus, trading director at MB Capital. "The unemployment rate has fallen to just 6.7 percent, but this is a meaningless victory after the participation rate slumped to its lowest level for an extraordinary 35 years." The greenback weakened against the euro for the second day after the European Central Bank (ECB) left its benchmark interest rate unchanged. The ECB decided to keep its key interest rate unchanged after a monetary policy meeting Thursday, but reaffirmed its accommodative monetary policy "for as long as necessary, which will assist the gradual economic recovery" in the area. The minutes of Fed's December meeting showed policymakers saw diminishing economic benefits from the quantitative easing and expressed concern about financial risks, and the dollar was lifted to a month high against the euro after the minutes was published Wednesday. In late New York trading, the euro rose to 1.3660 dollars from 1.3590 dollars of the previous session, and the British pound increased to 1.6472 dollars from 1.6470 dollars. The Australian dollar climbed to 0.8995 U.S. dollar from 0.8888 dollar. The dollar bought 104.06 yen, lower than 104.77 yen of the previous session. The greenback moved down to 0.9034 Swiss francs from 0.9083, and went up to 1.0895 Canadian dollars from 1.0866.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dollar slips on weak us jobs data Arab Today, arab today dollar slips on weak us jobs data

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 09:49 2017 Saturday ,18 February

Qatar Stock Exchange Index Gains 190.17 Points This Week

GMT 09:15 2017 Friday ,17 February

Asia stocks retreat after week-long Trump rally

GMT 08:14 2017 Friday ,17 February

Bahrain Bourse daily trading report

GMT 21:28 2017 Thursday ,16 February

US Stocks End High on Tuesday

GMT 21:18 2017 Thursday ,16 February

Chinese Yuan Strengthens to 6.8632 Against USD Wednesday

GMT 09:55 2017 Thursday ,16 February

Robust Omani Riyal exchange rate affirmed
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday