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Dollar slips on weak jobs report

Economies.com
2020-01-10 19:24 UTC

The US dollar fell slightly against most currencies on Friday, after a lower than expected monthly jobs report for December of last year.

 

The US Department of Labor revealed today that the US economy has added 145,000 new jobs in December, lower than forecasts of 162,000, and the unemployment rate held at the lowest level in five decades 3.5%

 

President Donald Trump stated that the phase-one trade deal with China will be signed on January 15 or shortly afterwards.

 

But Trump added signing the phase-two trade deal with China might get delayed to after the November presidential elections.

 

The dollar index fell against a basket of currencies by 0.1% to 97.3 points as of 19:12 GMT, and hit a high of 97.5 and a low of 97.2.

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Sterling edges lower on BoE President's remarks

Economies.com
2020-01-10 19:43 UTC

The British pound edged lower against most currencies today, on the lingering concerns over the British economy following the President of Bank of England Mark Carney's remarks.

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Gold ends higher, scores third straight weekly gain

Economies.com
2020-01-10 19:32 UTC

Gold prices rose on Friday, as the US dollar fell against most currencies, and the release of disappointing US data that renewed concerns about the largest economy in the world.

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Nickel jumps back above $14,000

Economies.com
2020-01-10 14:50 UTC

Nickel prices rose on Friday, amid anticipation for the signing of the phase-one trade deal between the US and China, which will support the global demand for industrial metals.

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