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Feb 11, 2014
Feb 7, 2014
Feb 7, 2014
Feb 7, 2014

Dollar slips after rocky reaction to downbeat U.S. jobs data

NEW YORK, Feb 7 (Reuters) – The dollar drifted lower after a
weaker-than-expected U.S. jobs report on Friday that muddies the
waters but is seen as unlikely to dissuade the Federal Reserve
from diverting from its path of steadily removing monetary
stimulus from the U.S. economy.

U.S. nonfarm payrolls growth in January came in at a
disappointing 113,000 against a consensus of 185,000, initially
sending the greenback sharply lower. However, a bright spot in
the report showed the proportion of working age Americans who
have a job or are looking for one increased.

Feb 7, 2014

Dollar steady after rocky reaction to downbeat US jobs data

NEW YORK, Feb 7 (Reuters) – The dollar see-sawed after a
weaker-than-expected U.S. jobs report on Friday that muddies the
waters but is unlikely to dissuade the Federal Reserve from
diverting from its path of steadily removing monetary stimulus
from the U.S. economy.

U.S. nonfarm payrolls growth in January came in at a
disappointing 113,000 against a consensus of 185,000, initially
sending the greenback sharply lower. However, a bright spot in
the report showed the proportion of working age Americans who
have a job or are looking for one increased.

Feb 7, 2014

Dollar slides lower after U.S. jobs report weaker-than-expected

NEW YORK (Reuters) – The U.S. dollar dropped broadly on Friday after the January U.S. non-farm payrolls report showed weaker-than-expected employment growth, driving interest rates lower and taking away an advantage for the greenback.

The euro initially popped to a high of $1.36490 from $1.58950, on the EBS trading platform. It has since faded back to $1.35990, a gain of just 0.09 percent on the day.

Feb 6, 2014
Feb 6, 2014
via Global Investing

Reforms changing the yin-yang of investing in China? – PODCAST

China’s influence on emerging markets, let alone the global economy, cannot be understated. Great strides have been made to build the economy over the past 30 years, but not without its casualties. In a conversation with Michelle Gibley, director of international research at Charles Schwab, I asked her about a new research paper she’s published on why, amid the angst and doubt on emerging markets, she has shifted her views. She’s turned positive on Chinese large-cap stocks and says the China of the past was running out of gas.

Click here to the interview. (My thanks to Freddie Joyner for helping get the audio into workable shape.)

Feb 6, 2014

Euro climbs after ECB’s Draghi says no deflation in euro zone

LONDON (Reuters) – The euro rallied on Thursday after European Central Bank President Mario Draghi said there is no euro zone deflation problem, following the bank’s decision to leave interest rates unchanged and wait for more data before taking action.

Leaving the main monetary policy rate at 0.25 percent did not immediately spark the short-covering rally that saw the euro zone currency climb against the U.S. dollar, yen, and sterling.

Feb 6, 2014
    • About Daniel

      "I'm a New York-based global investment correspondent with over 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997
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