• The U.S. dollar jumped against the most major currencies due to the better-than-expected U.S. labour market data

Market news

2 May 2014

The U.S. dollar jumped against the most major currencies due to the better-than-expected U.S. labour market data

The U.S. inflation dropped to 6.3% in April from 6.7% in March (forecast: 6.6%). 288,000 nonfarm jobs were added in April. Market participants expected the creation of 211,000 jobs.

EUR/USD: the currency pair declined to $1.3813

GBP/USD: the currency pair decreased to $1.6821

USD/JPY: the currency pair climbed to 103.02

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.