Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Dollar firms, pound off after U.K. terrorist attacks

Published 05/06/2017, 05:24 pm
EUR/USD
-
GBP/USD
-
USD/JPY
-
DX
-

Investing.com - The dollar Monday was off multi-month lows hit on Friday's U.S. weak jobs report.
The dollar index was up 0.12% at 96.73 at 02:45 ET after a low of 96.66.
Nonfarm payroll data showed the U.S. economy created only 138,000 jobs in May against an estimate of 185,000.
Expectations of a Fed June rate hike remain intact but the outlook for further tightening in the second half is cloudier.
The market odds of a rate hike this month currently stand at over 88%.
The pound was off 0.14% at $1.2869 as seven were killed in two terrorist attacks in London over the weekend.
Some polls ahead of the U.K. general election on June 8 suggest the risk of a hung parliament.
The dollar was up 0.17% at 110.58 yen.
The euro edged lower but held above $1.12 as the focus turns to ECB meeting on Thursday.
Investors noted Saudi Arabia, Egypt, UAE, Bahrain severing ties with Qatar after accusing it of supporting terrorism.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.