The US dollar index (DXY) rose today as traders reacted to strong nonfarm payrolls (NFP) data from the United States. The index is trading at $92.81 and is on track for its best week since May. US NFP data miss estimates American employers added more than 1.3 million jobs in August, as the country continued to open. This number was lower than the 1.7 million jobs that were created in July. It was also lower than the 1.4 million that analysts polled by Reuters were expecting. As a result, August was the fourth consecutive month in which the American economy
Full ArticleDXY: US dollar index notches best week since May as jobless rate fall
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