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Dollar Strengthens on Better Labor Data, Pressures EURUSD and GBPUSD Amid Fed Rate Uncertainty

ReutersRefinitiv Read original source (opens in a new tab)
The Story

News Summary

  • A stronger U.S.
  • labor market lifted the dollar despite its largest yearly decline since 2017; lingering rate cut expectations and fiscal concerns pressure EURUSD and GBPUSD, suggesting continued dollar weakness may be limited short term.
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Stored market data

EURUSD price history

1.15 -0.86% over the displayed period

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