Dollar slides as investors turn attention to US jobs data - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 5/8/2022 9:19 am
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The dollar weakened against most major currencies on Thursday as support from the Federal Reserve’s hawkish messaging subsided and investors turned their attention to a hotly anticipated US jobs report.

The dollar extended losses following US data that showed the number of Americans filing new claims for unemployment benefits increased last week.The dollar extended losses following US data that showed the number of Americans filing new claims for unemployment benefits increased last week.

The euro was up 0.79% at $1.0244, and the Japanese yen strengthened 0.76% versus the greenback at 132.83 per dollar. Investors will get a key snapshot of how the US economy is faring on Friday, when the Labour Department reports employment data for July.

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