Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

USD review

Western Union:

More uncertainty seems attached to the greenback in the wake of Friday's weaker jobs report, but bulls see no reason to panic. America's job market produced its first sub-par hiring report in a year in March and the news wasn't entirely bad as unemployment stayed put at 5.5 percent, the lowest since May 2008, and wages rose modestly. 

Monday's ISM report on the U.S. services industry showed a modest decline in growth but readings on employment, new orders and prices were better, suggesting any economic soft patch would be relatively short-lived and keep the Fed on course to boost rates this year.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.