The U.S. dollar rebounded against major currencies Wednesday after data showed U.S. companies added more jobs than expected in February. U.S. private companies added 198,000 jobs in February, down from January's 215,000, according to the National Employment Report jointly released by Automatic Data Processing (ADP) and Moody's Analytics. Although the figure is smaller than the previous month, it's still better than forecast. The euro/dollar rate dropped below the level of 1.3000 after the official data showed euro zone's exports fell in the last quarter of 2012. Meanwhile, the pound fell sharply versus the dollar on expectation that the Bank of England may expand asset-purchasing scale. The yen weakened as market sentiment improved and investors sought assets with high risk and high returns. The Dow Jones Industrial Average refreshed all-time closing high on Wednesday for a second day. The European Central Bank will hold its policy meeting Thursday and investors were paying great attention to its decision on the interest rate. Meanwhile, investors were awaiting the official U.S. job data for February due to be released Friday. In late New York trading, the euro dropped to 1.2994 dollars from 1.3041 dollars of the previous session and the British pound slipped to 1.5040 from 1.5112 dollars. The dollar edged up to 0.9477 Swiss francs from 0.9418 and went up to 1.0312 Canadian dollars from 1.0278. The dollar bought 94.07 Japanese yen, compared with 93.29 in the previous session.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor