Dollar Slumps to Multi-year Lows; EUR/USD tracks 1.20

September 01, 2020 at 08:01AM

Dollar Slumps to Multi-year Lows; EUR/USD tracks 1.20
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Author: Investing.com | Post link: https://www.investing.com/news/forex-news/dollar-slumps-to-multiyear-lows-eurusd-tracks-120-2282147
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The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target for five years. At the time of writing, the pair trades at 1.3205. Read More...

GBP/USD slips after blockbuster NFP revives Fed hold outlook 3 April 2026

USD/JPY weakens despite strong US NFP as intervention risks cap gains 3 April 2026

USD/JPY trades with a mild downside bias on Friday as lingering intervention fears support the Japanese Yen (JPY), even as the US Dollar (USD) remains firm against its major peers following the upside surprise in US Nonfarm Payrolls (NFP) data.

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EUR/USD trades in a tight range on Friday as a stronger-than-expected US Nonfarm Payrolls (NFP) report lends support to the US Dollar (USD), while the Euro (EUR) holds relatively steady amid thin liquidity conditions due to the Good Friday holiday.

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September 01, 2020 at 08:01AM

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