WEAK US JOB NEWS UNDERCUTS THE DOLLAR
https://s.yimg.com/ny/api/res/1.2/iELYiN1XdWpxM8xn_EGJTg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/barchart_com_477/c3dfcbf6c12ac0d7bda076fcde2aadd1
✍️ The US dollar fell on Thursday after a report showed a surge in US job cuts in October, while hawkish comments from Fed officials supported the dollar.
👉 US job cuts in October surged by 175% y/y, the most in 22 years 👉 Hawkish comments from Fed officials supported the dollar 👉 Ongoing US government shutdown continued to weigh on the currency 👉 Euro rose 0.49% as dollar weakness and upbeat comments from ECB Vice President Guindos boosted the currency
-- #AustanGoolsbee #BethHammack #Guindos #US #Eurozone #Germany #Japan #world
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