Quotes from Western Union:
- The dollar pared gains after soaring overnight to new 11-year highs on a trade-weighted basis. The rise to new highs, coupled with uncertainty ahead of Friday's crucial U.S. jobs report, leaves the dollar vulnerable to bouts of profit-taking.
- A payrolls count of 240,000 is on the cards for February, a robust amount that's expected to lower unemployment a tick to a nearly healthy 5.6 percent.
- The monthly jobs report is considered a key puzzle piece in the outlook for U.S. interest rates.
Commentary
USD review: Western Union
Quotes from Western Union:- The dollar pared gains after soaring overnight to new 11-year highs on a trade-weighted basis. The rise to new highs, coupled with uncertainty ahead of Friday's crucial U.S. jobs report, leave…
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