U.S. Dollar Maintains Strength as Labor Market Data Reinforces September Fed Rate Hike Prospects
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4 Articles
U.S. Dollar Maintains Strength as Labor Market Data Reinforces September Fed Rate Hike Prospects
The U.S. dollar stayed strong near two-week highs as July JOLTS data showed 7.3M job openings, boosting Fed rate hike odds to 74% for the September 17 meeting. The post U.S. Dollar Maintains Strength as Labor Market Data Reinforces September Fed Rate Hike Prospects appeared first on Blockonomi.
Dollar Holds Two-Week High After JOLTS Data Keeps September Fed Hike in Play
TLDR The Dollar Spot Index rose 0.2% to 99.61, near a two-week high U.S. job openings held at 7.3 million in July, showing a resilient labor market Markets now price a 74% chance of a Fed rate hike on September 17 The euro fell 0.20% to $1.1592 after Eurozone core CPI eased to 2.4% The yen edged up...
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