Greenback slips as US jobs-inspired rally loses steam - News Summed Up

Greenback slips as US jobs-inspired rally loses steam


The greenback hit session highs against the yen and euro following the jobs report, after trading lower for most of the session. The US dollar on Friday slipped against the yen to ¥106.82, down 1 percent for the week. In Taipei, the New Taiwan dollar yesterday ended unchanged to close at NT$30.973 against the greenback. “But there are other issues here for the dollar aside from the Fed easing, such as the US political backdrop. However, the jobs report impact was short-lived as investors grappled with US political tensions.


Source: Taipei Times October 05, 2019 15:56 UTC



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