Quotes from Western Union:
- The dollar continued to pour on the appreciation after a strong U.S. jobs report should make it hard on the Fed to say no to a rate hike in June. Employers added 295,000 jobs in February while unemployment fell to a normal level of 5.5 percent.
- That's a really impressive jobs report, considering the headwinds on the economy from a harsh winter that can slow spending and economic activity. Still, job market strength wasn't across the board as wages rose a tepid 0.1 percent after a solid gain of 0.5 percent in January.
- Most of today's jobs report validates the dollar's strength and should keep it biased higher in the run up to the Fed announcement on March 18.
Commentary
USD review: Western Union
Quotes from Western Union:- The dollar continued to pour on the appreciation after a strong U.S. jobs report should make it hard on the Fed to say no to a rate hike in June. Employers added 295,000 jobs in February while…
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