Commentary

Add as a preferred source on Google

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…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

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.

Related articles

View all