Dollar turbocharged by “Goldilocks” jobs report

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Appetite towards the Dollar sweetened on Friday afternoon as investors digested the mixed US jobs report for June.

The Dollar appreciated against every single G10 currency as markets cheered the fact that the United States added an impressive 224,000 jobs to its economy last month. 

However, with the unemployment rate slightly up at 3.7% and average earnings disappointing by rising 0.2% in June, below the expected 0.3% – the jobs data is certainly a mixed bag. Today’s report is likely to complicate the Federal Reserve’s decision to cut interest rates this month, especially if… Read More:

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