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Dollar Rises on Solid US Economic News
Yahoo Finance· 2026-01-09 04:34
The dollar index (DXY00) rallied to a 4-week high on Thursday and finished up by +0.24%.  The dollar moved higher Thursday due to some better-than-expected US economic news. US job cuts last month fell to a 17-month low, and weekly jobless claims rose less than expected, positive factors for the labor market that are hawkish for Fed policy.  Also, Q3 non-farm productivity rose, and the trade deficit shrank to a 16-year low, dollar supportive factors. US Dec Challenger job cuts fell -8.3% y/y to 35,553, a ...
EUR/USD Outlook: Euro Pressured as US Dollar Strength Returns Ahead of Key Events
Investing· 2025-11-18 14:40
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