The dollar hits its lowest level this year against the euro amid expectations of jobs data

Dollar Shrinking back Bonds The US dollar, which hit its lowest levels since August 5, as output fell to its lowest level in more than a year after surprisingly weak monthly jobs numbers raised concerns… Decline.

His keynote speech will be given Powell Friday at the Fed’s Jackson Hole Economic Conference Federal in Kansas City will be watching closely for any hints about the potential size of interest rate cuts next month, and whether borrowing costs are likely to drop at each subsequent bank meeting.

The dollar index, which measures the currency’s performance against the euro, pound, yen and three other major currencies, fell to its lowest since January 2 at 101.34 at 0026 GMT, after falling 0.5 percent or more in each of the previous three sessions.

get up euro To $1.1131, the highest since December 28.

and stability Pound Sterling At $1.3033 after touching its all-time high of $1.3054 yesterday, Tuesday, which is the level last recorded last July.

The dollar was down 0.2 percent against Japanese currency To 144.98 yen, after falling earlier to 144.945 yen, falling below the important psychological barrier of 145 yen for the first time since August 6th.

As for the Australian dollar, it rose at a level slightly below the highest level in a month against the US currency at $0.6749, which it recorded yesterday, Tuesday. The New Zealand dollar rose slightly to $0.61585, recording its highest level since July 8.

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And he won Dollar Shrinking back Bonds The US dollar, which hit its lowest levels since August 5, as output fell to its lowest level in more than a year after surprisingly weak monthly jobs numbers raised concerns… Decline.

His keynote speech will be given Powell Friday at the Fed’s Jackson Hole Economic Conference Federal in Kansas City will be watching closely for any hints about the potential size of interest rate cuts next month, and whether borrowing costs are likely to drop at each subsequent bank meeting.

The dollar index, which measures the currency’s performance against the euro, pound, yen and three other major currencies, fell to its lowest since January 2 at 101.34 at 0026 GMT, after falling 0.5 percent or more in each of the previous three sessions.

get up euro To $1.1131, the highest since December 28.

and sustainability Pound Sterling At $1.3033 after touching its all-time high of $1.3054 yesterday, Tuesday, which is the level last recorded last July.

The dollar was down 0.2 percent against Japanese currency To 144.98 yen, after falling earlier to 144.945 yen, falling below the important psychological barrier of 145 yen for the first time since August 6th.

As for the Australian dollar, it rose at a level slightly below the highest level in a month against the US currency at $0.6749, which it recorded yesterday, Tuesday. The New Zealand dollar rose slightly to $0.61585, recording its highest level since July 8.