Dollar steadies after US private sector jobs data

2021-05-06 05:07:18 GMT (Economies.com)
Dollar steadies after US private sector jobs data

The US dollar held against most major currencies on Wednesday after the release of positive jobs data.

 

Major tech shares fell yesterday, but recovered partially today, and turned higher.

 

ADB data showed today that the US private sector added 742K new jobs in April, the largest monthly rise since September, missing forecasts of 872K.

 

The data comes two days ahead of the US Labor Department's monthly jobs report for April.

 

The ISM US services PMI fell to 62.7 points in April from 63.7 points in March, worse than forecasts of 64.2 points.

 

The dollar index held against a basket of currencies at 91.3 points as of 19:16 GMT, after it hit a high of 91.4 points and a low of 91.1 points.

 
 
 
  Symbol Last Change Chg.%
1.1930
0.0028
0.2369%
1.3918
0.0024
0.1717%
Tadawul
10919.68
6.62
0.06%
25.942
-0.046
0.179%
73.518
1.692
2.356%
75.56
0.32
0.43%
1774.980
-3.410
0.192%
 
 
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