Tag: US Jobs Data


  • Dollar slides in NY FX market as payroll slowdown fuels Fed cuts bets

    Dollar slides in NY FX market as payroll slowdown fuels Fed cuts bets

    Market snapshot: dollar retreats in NY FX trading as payroll data stirs rate-cut bets In late trading, the U.S. dollar weakened against the yen and the euro in the New York foreign exchange market after softening U.S. jobs data reinforced bets that the Federal Reserve will deliver additional rate cuts this year. The dollar index…