U.S. Jobs data: All Good News for the U.S. Economy?
The dollar headed for its biggest weekly decline in almost two months on speculation the Federal Reserve will maintain a gradual pace for raising interest rates whatever Friday’s payroll report says. The greenback has fallen against all its 16 major peers this week as Fed ChairJanet Yellen reiterated global headwinds may restrain the U.S. economy. U.S. employers added more than 200,000 jobs for a second month in March, a Bloomberg survey shows. Credit Suisse Deputy Chairman Robert Parker discusses with Bloomberg’s Anna Edwards on “Countdown."