Day: October 7, 2023
Oct
07
Strong Job Growth Boosts U.S. Dollar, but Mixed Economic Indicators Keep Markets Cautious
The US Dollar saw an uptick following the Payrolls report, which unexpectedly exceeded the forecast in terms of job growth. The DXY dollar index rose above 106.50, once again targeting the bullish support level of 107: The US economy added 336,000 jobs in September, while the consensus forecast had anticipated 160,000. However, other indicators, such […]