Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Dollar Weakened Ahead of Jobs Data Release

MARKETSCOPE: The dollar index edged lower early Thursday, as investors awaited the release of the Nonfarm Payroll report for August.

The euro was up in value at $1.2550, but reports had it there was selling pressure at the $1.2600 level. The European Central Bank on Thursday left interest rates unchanged and sounded more hawkish on inflation. The sterling strengthened at $1.8368. The dollar was at 110.05 yen.

The dollar took hits on Thursday after weak data indicators raised questions about U.S. economic strength. Most analysts expect to see healthy gains in the August Nonfarm Payroll Report, but some rumors circulated among European traders that the numbers might come in weak. The buck could fall if the report disappoints the markets.

blog comments powered by Disqus