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Down on the week

Miguel A. Rodriguez
Miguel A. Rodriguez
11 October 2021
Dollar creeps higher ahead of U.S. jobs report
  • #XAUUSD futures closed lower, giving back earlier gains seen on the back of employment data from the Labor Department that revealed the U.S. economy created a lot fewer jobs than expected in September
  • British Prime Minister Boris Johnson has recruited former Tesco boss Dave Lewis as an advisor, tasking him with fixing the country's supply chain problems that have hit the economy
  • The #DXY edged higher versus major peers but within a narrow range as traders awaited clues from the U.S. non-farm payrolls report on the pace of Federal Reserve policy normalization
  • #USDJPY rose 0.5%
  • #WTIUSD gained 0.9%


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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.