Tag: unemployment rate

Dollar Rebounds as US Unemployment Hits Nearly 8-Year Low

The US dollar rebounded sharply against a basket of currencies Friday after government data pointed to a firming labour market, which could give the...

EUR/USD Recovers 1.10 as Eurozone Emerges from Deflation

The EUR/USD rebounded Friday, regaining the psychological 1.10 level after official data showed that the Eurozone emerged from deflation in October. Consumer inflation in the...

US Nonfarm Payrolls Rebound in April

US nonfarm payrolls rebounded sharply in April, offering convincing evidence the labour market was on solid footing following an abrupt hiring slowdown in March. Nonfarm...

EUR/USD Loses 1.14 Handle as Eurogroup Talks Yield No Results

The euro declined against its US counterpart Monday after Greek and Eurozone finance ministers were unable to reach an agreement about Greece’s bailout program,...